Piano Works

Nightcap promotes Sarah Miller to COO

Bar and nightclub operator, Nightcap, has announced the promotion of Sarah Miller to the role of chief operating officer.  Miller first joined the group in June 2024 as director of business operations, having spent five years at Stonegate Group. She spent two years as business unit director for its late-night…

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Nightcap acquires Brighton’s i360 Tower and hospitality venue

Nightcap has announced the acquisition of Brighton’s i360 Tower, following a decision by Brighton and Hove City Council to release the debt in support of the landmark’s future under the hospitality operator’s management.  This means that the acquisition has been completed free of debt and any historic liabilities, allowing a…

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Today’s news in brief – 03/10/24

Blank Street Coffee saw its UK turnover rise sharply by 517% to £11.4m in the year ended 31 December 2023. The New York-based coffee chain first began trading in the UK in June 2022, so these results reflect its first full year in this market. While the group sustained a…

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Alan Lorrimer leaves The Piano Works

The Piano Works has announced that its founder, Alan Lorrimer, has left the business after starting it nine years ago with operations director Tristan Moffat.  Peter Thornton, the audience-requested live music venues’ chief financial officer and founding shareholder, is also departing.  As a restaurateur, Lorrimer has been responsible for the…

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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…

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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…

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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…

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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…

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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…

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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…

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