The Restaurant Group
This compiles our reporting on The Restaurant Group (TRG), operator of prominent UK brands including Wagamama, Frankie & Benny’s, and Brunning & Price. We cover TRG’s strategic decisions, financial performance, brand portfolio changes, executive leadership moves, site rationalisation, and growth initiatives. Our analysis offers critical insight for restaurant operators, F&B executives, and hospitality professionals tracking the direction of one of the UK’s most influential multi-brand operators in casual dining and pub restaurants.
-
Nov- 2020 -25 NovemberBusiness
Restaurant Brands Collective to offer bespoke franchise service
Restaurant Brands Collective, a new company offering franchise food brands for virtual delivery or dine-in, has been launched by a team of food development, operations, and franchising experts. The company aims to offer individual franchise solutions, in a bid to help multi and single site hospitality businesses use a range…
Read More » -
19 NovemberNews
Breakfast Club founder searches for new MD
Founder of The Breakfast Club, Jonathan Arana-Morton, has announced that he is looking to step down as managing director of the brand. In an online statement, Arana-Morton suggested that the appointment of a new managing director would enable the group to “reach our potential”. Writing on LinkedIn, Arana-Morton said: “I…
Read More » -
4 NovemberNews
Camino co-founders secure rescue deal
Camino, a Spanish tapas restaurant and bar group, has been acquired out of administration by its former founders through a newly created holding company, saving 77 jobs in the process. Camino Trading Limited was recently created by Camino co-founders Nigel Foster and Richard Bigg, who now own the entirety of…
Read More » -
Oct- 2020 -14 OctoberNews
Boparan owner bails out GBK
Boparan restaurant group is reportedly purchasing the Gourmet Burger King (GBK) chain through a pre-pack administration, saving 650 jobs. According to Sky News, Ranjit Boparan, the owner of the restaurant group known for the brands Giraffe, Ed’s Shakes and Waffles and Slim Chicken will purchase 35 GBK restaurants, in a…
Read More » -
14 OctoberRestaurants
Comptoir Libanais reports £5m pre-tax loss
Comptoir Libanais has reported a pre-tax loss of £5m for the six month period ending 30 June, from a £547,685 loss over the same period last year. The group’s gross revenue dropped by 61% in the period to £6.1m, with Comptoir citing “Covid-19 related closures” as the reason behind the…
Read More » -
9 OctoberNews
The Restaurant Group faces shareholder concerns
A new shareholder resolution at restaurant chain The Restaurant Group has passed but was met with resistance. The restricted share plan was ultimately approved by investors though over a third of shareholders voted against the proposal. Some 37% of those who voted were against the new pay package which qualifies…
Read More » -
6 OctoberFood and Drink
Restaurant Group reports £235m loss, despite strong September trading
The Restaurant Group has reported a pre-tax loss of £235m for the first half of the year, despite “strong” September trading. Its Wagamama chain saw a like-for-like sales growth of 11% in the 11 weeks leading up to 20 September, which the group said was a 5% overperformance compared to…
Read More » -
Sep- 2020 -28 SeptemberRestaurants
Partners Group acquires Côte Restaurants
Côte Restaurants has been acquired by global private markets investment manager Partners Group. It comes as the group said that coronavirus has had a “huge impact” on the business, despite “trading well” before lockdown, with “record” sales and strong EBITDA growth in the last financial year. Partners Group said it…
Read More » -
25 SeptemberRestaurants
Various Eateries raises £25m in AIM listing
Various Eateries has confirmed it has raised £25m by way of a placing of 34,246,576 new Ordinary Shares with institutional and other investors at a price of 73p per Ordinary Share, during its first day of trading on the AIM market of the London Stock Exchange. Various Eateries said its…
Read More » -
14 SeptemberPeople
The Big Table appoints Mike Tye as chairman of The Big Table
The Big Table, which was recently formed to acquire and operate the Bella Italia, Café Rouge and Las Iguanas restaurant brands, has appointed Mike Tye as its non-executive chairman. With “extensive” board-level experience across the out-of-home food and drink market, the company said Tye will work closely with Epiris, the…
Read More »
