Hawksmoor

Today’s news in brief – 03/07/24

Hawksmoor has reportedly begun exploring a sales process as a way to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking to potential buyers.  Heineken UK plans to relocate its…

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Hawksmoor explores sale to aid international expansion

Hawksmoor has reportedly begun exploring a sales process that could value the restaurant group at roughly £100m in a bid to grow its international presence, according to The Financial Times.  It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking…

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Today’s news in brief – 08/02/24

UberEats revenues rose 19% year-on-year to $17bn (£13.4bn) during Q4 2023. According to the group, its total booking revenues increased by 22% year-on-year to $37.6bn (£29.8bn) during the same period. Combined mobility and delivery revenues at the company also grew 22% year-on-year to $8.7bn (£6.8bn).  Star Pubs reported total sales…

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Hawksmoor revenues jump 20% to £90m in 2023

British steak restaurant company Hawksmoor has announced a revenue increase of 20% to £90m, with its established restaurants delivering EBITDA margins in excess of 20%. In 2023 the company opened another international restaurant – Hawksmoor Dublin opened in May, hitting weekly sales highs in excess of €230k (£196k) – and…

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Consumers spend 6.5p per pound on eating and drinking out, says CGA

Consumers spent 6.5 pence of each pound on out-of-home eating and drinking between January and July 2023, according to data from CGA. The new Brand Track Plus combines consumers’ out-of-home preferences with card spending data to deliver analysis of engagement with key hospitality brands. The tracker gives insights into spending…

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Hawksmoor to open second US site in Chicago

Steak restaurant Hawksmoor has announced plans to open a second restaurant in the US in Chicago. The brand plans to open the restaurant in the first half of 2024 in the historic LaSalle Street Cable Car Powerhouse in the windy city. The company aims to restore the site, a 16,500…

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Hawksmoor secures B Corp certification

British steakhouse and sustainable seafood restaurant, Hawksmoor, has revealed it has qualified for B Corp certification after a “long, rigorous” assessment.   It is reported that the Certified B Corporation are leaders in the global movement for an inclusive, equitable, and regenerative economy.  In addition, Hawkmoor stands to join a global…

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Over 200 restaurants join Action Against Hunger campaign

The leading international hunger charity, Action Against Hunger, has launched its annual ‘Love Food Give Food’ campaign for the 11th consecutive year and has reportedly gained the support of over 200 UK restaurants.  The campaign will run throughout September and October, allowing diners to visit participating restaurants across the UK…

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Zonal joins firms backing recruitment drive Hospitality Rising

Hospitality technology provider Zonal has become the latest firm to back a major recruitment campaign, Hospitality Rising. Zonal is joining other businesses in supporting the collaborative campaign, including Whitbread, Pret a Manger, Welcome Break, Revolution, Vapiano, Hilton and Hawksmoor. By encouraging venues and brands to pledge £10 for each employee,…

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Rockfish sales hit £13m amid new post-Covid model

Rockfish, the nine-strong seafood restaurant group led by Mitch Tonks, has announced sales hit £13m during the year ended April 2022 as it moved to a new post-Covid business model. The restaurant also reported EBITDA of £2.9m and group EBITDA £1.34m. The company reported its most “significant change” for Rockfish…

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