Luminar suffers clubbers put off by cold
NIGHTCLUB group Luminar has seen its trading badly dented by freezing winter weather.
Clubber numbers have dwindle leaving sales down 9.9 per cent in the year to 25 February.
The company, which owns the Oceana, Liquid and Lava & Ignite chains, has embarked on a cost-cutting campaign and said its full-year profit was expected to be in line with expectations.
The average forecast for full-year pre-tax profit stands at £4.1m.
Luminar, which has 90 venues across the UK, said in a statement: “Trading during the last two months of the year continued to be severely affected by persistent poor weather across most of the UK.”