YO! Sushi

Nov- 2024 -

26 November

Prezzo appoints new CMO

Prezzo has announced the appointment of Mark McCulloch, founder and CEO at Supersonic INC, as its new chief marketing officer on a fractional basis. McCulloch will work closely with CEO James Brown to drive the brand’s strategy and revitalise its position. He brings with him over 20 years of experience,…

Mar- 2024 -

6 March

Restaurants

Brasseria Familia exceeds crowdfunding target for third site

Brasseria Familia has exceeded its target for crowdfunding the opening of its third site, raising £1.2m in the first 48 hours. The company launched the campaign to support the opening of its third site on Brompton Road this May and received 82 investors in the first two days. After the…

Jun- 2023 -

16 June

Restaurants

Yo! Sushi owner sold to Japanese investor group for £485m

The Snowfox Group, owner of Yo! Sushi, has agreed a deal to be acquired by Japanese investor group Zensho Holdings for $621m (£485m). As a result of the agreement Mayfair Equity Partners will fully exit Snowfox after first investing in Yo! in 2015. The terms of transaction are to be…

Aug- 2022 -

24 August

Restaurants

YO! operator hails ‘record’ FY21 revenues of £197.3m

The Snowfox Group, the operator of YO! Sushi, has announced that it delivered “record” sales of £197.3m for the 52-week period ended 28 November 2021, driven by growth across the group’s restaurants, kiosks, and commissaries. Adjusted EBITDA for the multi-channel and international Japanese food business also doubled from £17.1m to…

Jul- 2021 -

5 July

Features

Are apps the answer to tackling food waste in the hospitality industry?

‘Magic bags’ from the surplus food app ‘Too Good To Go’ have become something of a viral sensation across social media channels such as TikTok over the past couple of months. The 30 second videos of savvy consumers bragging about the dozens of baked goods they scored from Greggs or…

Jun- 2021 -

9 June

Business

SSP H1 losses widen to £300m

SSP Group, the travel food and beverage outlets operator, saw its pre-tax loss on a reported basis under IFRS 16 spike to £299.7m for the six months ended 31 March 2021. The 774% increase in losses can be attributed to a 78.8% year-on-year decline in group revenues, falling from £1.21bn…

Feb- 2021 -

8 February

Coronavirus

Losses from top 100 UK restaurant groups rise 112% to £571m

The top 100 UK restaurants groups saw their losses soar by 112% to £571m last year, rising from reported losses of £269m at the end of last March, according to UHY Hacker Young. The firm said these losses only run up to the start of the lockdown and are therefore…

Jul- 2020 -

31 July

Coronavirus

Getting your hospitality businesses in touch with the low touch economy

After months of difficulty, uncertainty, and a precarious balancing act at the edge of business survival, the UK’s hospitality sector may finally be seeing the sun break through the storm clouds. Chancellor Rishi Sunak brought welcome news for the suffering sector with a VAT cut for hotels, restaurants, and other…

Nov- 2019 -

27 November

Restaurants

YO! set to open sushi counters across 50 Tesco stores nationwide

Japanese restaurant group, YO! (previously known as YO! Sushi) has opened its 25th ‘To Go’ kiosk at Tesco Durham Extra, as part of the 50 kiosk roll out in Tesco stores nationwide. The 50 kiosk partnership builds on the successful trials of YO! To Go kiosks at Tesco’s Sunbury-on-Thames Extra…

Mar- 2019 -

22 March

Analysis

The emerging food-to-go trend

Within the food and drink industry, the food-to-go sector is booming and IGD has even forecasted that it will be worth £23.5bn by 2022. Within the sector, many different types of organisation are looking at how they can capitalise on consumers’ love affair with quick, convenient food. They should also…