Soho
We report on the dynamic foodservice scene in Soho — one of London’s most competitive and trend-defining hospitality districts. This features our coverage of new restaurant and bar launches, concept innovation, chef-led ventures, lease activity, and the operational realities of trading in this densely packed, high-footfall zone. Whether you’re running an independent venue, expanding a brand presence, or benchmarking against Soho’s influential operators, we provide commercial insight into the challenges and opportunities of hospitality in the heart of the capital.
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Nov- 2024 -4 NovemberNews-In-Brief
Today’s news in brief – 04/11/24
Soho Coffee Co. has seen its losses widen by 60% from £2m to £3.2m in the year to 31 January 2024. The coffee chain’s parent company, BTC Group Holdings, has also reported that its other hospitality offering Euphorium Bakery has also sustained further losses, rising 27% from £944,402 to £1.2m…
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4 NovemberCafes and Coffee Shops
Soho Coffee Co. FY losses widen by 60% to £3.2m
BTC Group Holdings’ Soho Coffee Co. and Euphorium Bakery have reported that losses widened in the year to 31 January 2024, with the coffee group’s losses rising 60% from £2m to £3.2m and the bakery chain’s losses rising 27% from £944,402 to £1.2m. Nevertheless, Soho Coffee Co. maintains that it…
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Oct- 2024 -8 OctoberNews-In-Brief
Today’s news in brief – 08/10/24
TGI Fridays has been acquired by D&D London owners Breal Capital and Calveton UK for an undisclosed sum. The sale, which is based on 51 restaurants, should secure the future of some 2,000 jobs across those sites. Breal Capital and Calveton are also hopeful that they may be able to…
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8 OctoberNews
Mildreds Soho announces reopening
London’s vegan restaurant Mildreds has announced its anticipated reopening after a major renovation. The vegan restaurant closed two months ago to completely refurbish the Grade II listed heritage building on Lexington Street, Soho. The new design of the Mildreds townhouse has created more space as well as a second floor…
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Sep- 2024 -19 SeptemberNews
Today’s news in brief – 19/09/24
Hostmore has fallen into administration, endangering some 4,500 jobs. While a total of 87 TGI Fridays restaurants have been put up for sale, they will continue to operate as normal during the administration process. The news comes after Hostmore’s plans to acquire the US operator of TGI Fridays for £177m…
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19 SeptemberCafes and Coffee Shops
La Maritxu to open second café in Soho
La Maritxu, the Basque cheesecake operator, has signed for its second London location on Soho’s Kingly Street. La Maritxu will open a 271 sq ft café at 10 Kingly Street, adjacent to the entrance of Soho’s renowned food hub Kingly Court. The café specialises in Basque cheesecakes, originating from San…
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18 SeptemberRestaurants
Comptoir Group losses widen to £1.7m in H1 despite revenue rise
Comptoir Group, the operator of Comptoir Libanais, Kenza, Shawa and Yalla Yalla, has seen its loss after tax widen from £0.8m to £1.7m in the six-month period to 30 June, despite reporting a revenue rise of 7.4% to £15.9m. Adjusted EBITDA loss before highlighted items also widened to £0.6m from…
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6 SeptemberNews
Today’s news in brief – 06/09/24
The APPG for hospitality and tourism elected Chris Webb MP as its chair yesterday (5 September) at a meeting in Westminster. Damian Hinds, Conservative MP for East Hampshire, Caroline Voaden, Liberal Democrat MP for South Devon, and Daniel Aldridge, Labour MP for Weston-super-Mare, were also elected as vice-chairs. Elior has…
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6 SeptemberNews
Long Chim launches in the UK
Long Chim has announced that it will open its first-ever residency in Soho, London. Located on Rupert Street, Long Chim will take-over the ground floor of Hovarda. The site will be led by David Thompson who left London for his adopted home in Bangkok more than 10 years ago. The…
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Aug- 2024 -21 AugustNews
Today’s news in brief – 21/08/24
Top hospitality group achieved YoY growth of 1.5% in July, spelling a downturn since last month’s reported rate of 2.9%. As July started with the peak of the 2024 Euros, including the quarter, semi-final and final games, Britain’s pubs experienced like-for-like growth of 4.9%. However, this positive LFL growth in…
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