Norway

Compass Group revenues rise 9.2% in Q1

Compass Group has revealed that its revenues rose by 9.2% in the first quarter ended 31 December 2024, as all of the global caterer’s regions and sectors performed well.  Organic growth drivers were also in line with the group’s expectations, with net new business supported by “strong” client retention, and…

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Today’s news in brief – 07/08/24

Yum Brands has reported a 4% revenue rise to $1.7bn (£1.3bn) in Q2. The owner of KFC, Taco Bell, Pizza Hut and Habit Burger Grill saw company-wide sales grow 3%, as it opened 598 new restaurants across 57 countries during the period. KFC revenues increased 5% to $717m (£563m) in…

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Danish steakhouse KöD to open second site in Soho

DiningSix restaurant brand KöD, London’s only Danish steakhouse, is set to open a second site in Soho in mid August. Behind the brand is London based founding partner Morten P. Ortwed who, along with five friends, launched KöD in Denmark in 2014 before expanding into Norway and moving to the…

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Joro to relocate to Oughtibridge Mill in September

Joro, the restaurant known for its Nordic/Japanese-inspired cuisine, has announced that it is relocating to a new site within the Oughtibridge Paper Mill development on the edge of the Peak District. Opening in September, the new restaurant will allow married duo, Luke French and Stacey Sherwood-French, to enhance the restaurant,…

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KöD to open second London site

Danish steakhouse KöD has announced that it is set to open its second site in London in Soho. This new restaurant, set to open in mid-July, follows the brand’s first London site, KöD City, in Devonshire Square opened last year. The brand is owned by DiningSix and KöD City was…

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Chef Michel Roux extends partnership with Cunard Cruise

Two-Michelin-starred chef Michel Roux is set to bring his London restaurant, Le Gavroche, to guests on Cunard’s cruise ships Queen Anne and Queen Mary 2. Roux, who will close the Mayfair venue this month, will oversee four Le Gavroche residencies across four Fjords voyages in 2024. The restaurant is known…

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Drunch to expand London footprint in Autumn

Drunch has announced it will expand its London portfolio with the opening of a new 40-cover restaurant and speakeasy in Fitzrovia this autumn, marking the brand’s third opening in the capital. The new venue is located on Great Titchfield Street, and the kitchen will be headed up by Valerio Vivetti…

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Why Rekom has expanded its presence into the UK with Proud Mary

Tell me about the history of Rekom.  Rekom started in Copenhagen in 2007, a group of individual bars decided to stop competing against each other and decided to come together to create one company. Over the last 25 years it’s grown from just Copenhagen to other parts of Denmark, and…

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Rekom to open UK’s first Proud Mary Pub

Rekom, a pub and bar operator, has begun work on the former Yard Bar, St Mary’s Street in Cardiff which will see it become the UK’s first Proud Mary Pub. Operating over two floors, with a 950 capacity, Proud Mary Pub will be a “relaxed, party pub with the blended…

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Just Eat revenues surge 33% despite ‘peak year’ of losses

Just Eat has reported its revenues surged 33% to €5.3bn (£4.41bn) for the full year in 2021, up from €4bn (£3.33bn) in 2020, despite Just Eat reporting a “peak year” for losses. Losses for the period on an IFRS basis were €1.04bn (£8.69m) in 2021, widening from a loss of…

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