Ireland

Drinks sales dip in last week of May amid mixed performance

Drinks sales in the UK fell 1% in the week ended 1 June after a 3% drop in the previous…

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Drinks sales drop 3% as rain returns

Drinks sales in the UK dropped 3% in the week ended 25 May, compared with the same period last year,…

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Today’s news in brief – 03/06/24

Liberation Group’s revenues rose 20% to £144.4m in the year ended 27 January, with strong underlying growth resulting in LFL…

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Cooks Coffee UK&I sales jump 18% in FY24

Cooks Coffee, parent company of the Esquires, The Organic Coffee Co brand, has revealed that total franchisee store sales in…

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Today’s news in brief – 31/05/24

Revolution Bars has ended its formal sales process after it did not receive any proposals relating to the acquisition of…

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Increased VAT has restaurants worried about survival, says RAI

More than nine-in-10 respondents have said that the reduced VAT rate of 9% for the food-led hospitality sector, which increased…

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Drinks sales up 13% as sun shines on pubs

Drinks sales in the UK’s managed venues rose 13% for the week ended 11 May as the warm weather encouraged…

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Today’s news in brief – 16/05/24

Compass Group raised its 2024 profit guidance as revenues rose 11.2% during H1. The group also reported an 18.7% rise…

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Compass raises profit and revenue guidance amid strong HY

Foodservice company Compass Group has raised its 2024 profit guidance towards 15% with organic revenue growth of 10% as the…

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Today’s news in brief – 09/05/24

Brewdog co-founder and CEO James Watt will step down after 17 years in charge. He informed the board of his…

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