Nightcap
Coverage focuses on the growth, brand strategy, and operational performance of a prominent UK late-night hospitality group, including acquisitions, trading updates, new concept development, and site expansion activity. Reporting offers insights for bar operators, investors, and F&B leaders tracking consumer demand for nightlife, cocktails, and experiential venues across key urban markets.
-
May- 2024 -3 MayPubs and Bars
Nightcap quells Revolution Bars acquisition rumours
Nightcap has released a response to speculation that it is planning to acquire Revolution Bars Group, following its documented struggles with debt. Early in April, Revolution Bars suspended trading of its shares on AIM after it failed to publish its yearly fiscal results. Rob Pitcher, the CEO of Revolution Bars,…
Read More » -
Mar- 2024 -18 MarchNews
Today’s news in brief – 18/03/24
Nightcap revenues grew 42.1% to £33.4m in H1 ended 31 December 2023. The bar group has attributed its performance to the acquisition of Dirty Martini and the successful collaboration with The Piano Works over the Christmas period. As of December 2023, the group had cash of £3.1m and total bank…
Read More » -
18 MarchPubs and Bars
Nightcap revenues rise 42.1% to £33.4m in H1
Nightcap has reported that revenues grew 42.1% to £33.4m in the interim 26-week period ended 31 December 2023. The bar group has attributed its performance to the acquisition of Dirty Martini, the successful collaboration with The Piano Works over the Christmas period, and the maturing of sites opened in the…
Read More » -
Feb- 2024 -20 FebruaryNews
Today’s news in brief – 20/02/24
NTIA and IoH are joining forces on the Leave No One Behind campaign, which is aimed at advocating for the survival and recovery of their collective membership of over 20,000 businesses in the UK. The united campaign comes ahead of the Spring Budget, due to be announced on 6 March…
Read More » -
20 FebruaryBusiness
Nightcap acquires The Piano Works for £200k
Nightcap has announced the acquisition of The Piano Works, the live entertainment concept currently operating at Nightcap’s Barrio Covent Garden venue and in Farringdon, London, for £200k. The Piano Works acquisition was completed following a pre-pack administration process by TDC Concepts Limited (TDCC). The Piano Works, which was launched in…
Read More » -
Jan- 2024 -12 JanuaryNews
Today’s news in brief – 12/01/24
Nightcap revenues jumped to £7.4m, spelling a 65.7% rise over Christmas. As a result, revenues for the entire of December 2023 were the largest monthly revenues in its nearly three-year history since IPO. Total December unaudited group revenues were £9.2m against £5.9m for December 2022, an increase of 55.9% and…
Read More » -
12 JanuaryPubs and Bars
Nightcap revenues jump 65.7% amid bumper Christmas trading
Nightcap has revealed that group revenues jumped to £7.4m during the four-week period ended 31 December 2023, spelling a 65.7% rise compared with the same period last year. As a result, Nightcap’s revenues for the entire of December 2023 were the largest monthly revenues in its nearly three-year history since…
Read More » -
Nov- 2023 -10 NovemberNews
Today’s news in brief – 10/11/23
Krispy Kreme reported net revenues of $407.4m (£333m) in Q3, marking a 7.9% increase compared with the same quarter in 2022. The international segment saw a 15.4% growth in net revenue. The company reported a GAAP net loss of $40.3m (£32.9m) for the quarter. Adjusted EBITDA in the quarter grew…
Read More » -
10 NovemberPubs and Bars
Piano Works to leave West End for Covent Garden
Live music bar Piano Works has announced that it is moving to Covent Garden this month. It is re-opening within a Nightcap venue at the Gillian Lynne Theatre on the corner of Drury Lane. This comes after the company applied to Westminster Council to increase its licensed capacity at its…
Read More » -
Jun- 2023 -30 JuneRestaurants
Nightcap grants share options to staff
Nightcap has announced that it has granted a total of 1,160,000 share options to a number of the group’s employees, which have been granted on the same terms as all other share options. All of these shares have been granted with an exercise price of 11.00 pence, which represents the…
Read More »
