Wagamama
Coverage focuses on the performance, expansion, and brand strategy of the UKโs leading pan-Asian casual dining chain, known for its open kitchens, communal seating, and fast-casual service model. Reporting includes new site openings, delivery and click-and-collect rollouts, vegan and seasonal menu innovation, tech-enabled ordering, and group-level developments under parent company The Restaurant Group. Insight is designed for operators tracking high-volume branded dining, consumer health trends, and competitive movement across the mid-market segment.
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Jul- 2023 -21 JulyRestaurants
Wagamama reopens Noodle Lab in SoHo
Wagamama has opened its new Noodle Lab at the Great Marlborough Street restaurant, marking its return to Soho. The UK. Noodle Lab will act as the โchefโs playgroundโ, a space for recipe and idea testing. The Noodle Lab menu will be 50% plant-based and will feature Wagamama dishes such as…
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19 JulyRestaurants
Wagamama sales boost Restaurant Group trading in H1
The Restaurant Group has welcomed a period of strong trading in the first half of the year, with sales at Wagamama and its Pubs division up by 5% and 9%, respectively.ย Wagamama continued to trade strongly in the period, with outperformance of the market in Q2, and like-for-like sales up…
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12 JulyRestaurants
Wagamama shareholder calls for chairman to be replaced
Irenic Capital Management, minority shareholder in The Restaurant Group which owns Wagamama, has called on the board of the company to replace chair Ken Hanna. Irenic, which owns a shareholding of 2.6% in TRG, wants Hanna replaced due to his โdocumented disregard for the best interests of all shareholdersโ. Alongside…
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Jun- 2023 -28 JuneComment
Why plant-based menu items donโt need to reinvent the wheel
Itโs time for restaurants to look more critically at their plant-based menus, specifically when it comes to meat-alternatives. You only need to visit your local high street chains to see that while some serve a decent array of vegetarian and vegan options, most fall short in their meat-alt offering, where…
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21 JuneNews
The Restaurant Group unveils senior team changes
The Restaurant Group, which operates approximately 400 restaurants and pubs across the UK, has today announced a number of changes to its senior team. Kirk Davies, after more than five years at the company, will step down from his role as chief financial officer after TRGโs interim results in September…
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9 JunePeople
TRG independent non-executive director to step down
The Restaurant Group has announced that Alex Gersh, an independent non-executive director of the group and the chair of its audit committee, will be stepping down from his role on 1 July.ย The group has announced that Loraine Woodhouse, who has been a member of the board since 4 July…
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May- 2023 -24 MayRestaurants
Wagamama owner narrowly beats AGM investor revolt
Wagamama owner The Restaurant Group (TRG) has narrowly beaten a revolt from rebel investors over the pay of CEO Andy Hornby and the direction of the company at its most recent AGM. Over 45% of shareholders voted against the companyโs directors remuneration report for 2022 which revealed that Hornby was…
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19 MayRestaurants
TRG comes under renewed pressure from activist investor
The Restaurant Group (TRG), owner of Wagamama, has reportedly come under renewed pressure from activist investors, according to reports from The Times. Oasis Management Company, the hedge fund leading the rebellion, has accused TRG of excluding โcertainโ shareholders from key information ahead of the companyโs AGM. Oasis has used its…
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19 MayNews
Cรดte turnover hits ยฃ144.9m in FY22
Cรดte Restaurant Group has reported turnover of ยฃ144.9m for the year ended in September 2022.ย Like-for-like turnover was flat compared to the one in 2019, reflecting the Omicron impact on Christmas trading and the impact of the cost of inflation being borne by guests. Adjusted EBITDA for the year was…
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16 MayRestaurants
Wagamama pledges to run six prison classes every year
Wagamama has pledged to run six prison masterclasses each year, in both female and male prisons to support as many people as possible into employment upon release, following a team of Wagamama chefsโ successful visit to HMP Hatfield last year. In partnership with the Ministry of Justice, a team of…
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