Ima-gin that: British gin sales broke all sales records in 2015 while 49 new distilleries opened March 9, 2016 Sales of mother's ruin broke all records last year as 49 new gin distilleries opened across the UK, while shop and restaurant sales topped over £900m. Shop sales of the juniper-based spirit reached over £400m in 2015, up 10 per cent on the previous year, while restaurant sales hit £500m, up 20 per cent year on year, [...]
Hotel Chocolat is seeking valuation of £150m when it lists on Aim March 9, 2016 Hotel Chocolat's co-founder has shrugged off concerns about the volatile state of the markets as the premium chocolatier gears up to go public. City A.M. understands the business is hoping to secure a valuation of around £150m through the IPO, which will see joint founders and co-owners Angus Thirlwell and Peter Harris release a third of [...]
The eight best pies in London: As British Pie Week gets into full swing, we celebrate some of the capital’s very best examples of baked pastry March 8, 2016 1. Polo Bar Fish Pie, £9.50 Pie Week has even united London’s rival financial districts. The chef at Canary Wharf’s Parlour has created this boozy fish pie for Polo Bar opposite Liverpool Street station. Packed with white fish, salmon, haddock and prosecco, it’s so tasty even the fish are diving in. 167 Bishopsgate, EC2M 2. [...]
Damien Hirst restaurant Pharmacy 2 review: Why this Pharmacy is a cure for your foodie ills March 8, 2016 I feel like I should start this review with a personal anecdote about Damien Hirst. Everybody seems to have one, like the time he pulled his foreskin through a hole in his trousers, pretended it was a blob of chewing gum and got people to try to brush it off. My anecdote would recall a [...]
Pizza Express serves up strong half-year sales as it ramps up expansion March 8, 2016 Pizza Express sales have jumped by 15.9 per cent over the last six months, boosted by new menu launches and its expansion both in the UK and abroad. The chain, which was sold to Chinese private equity firm Hony Capital in 2014 for £900m, said turnover grew to £267.2m in the 28 weeks to 10 January compared with [...]
Canadian pension fund CPPIB joins forces with Hermes on £1bn Birmingham Paradise city centre redevelopment March 7, 2016 The Canadian Pension Plan Investment Board (CPPIB), one of the country's largest pension funds, has made its second major foray in Birmingham this year after buying a stake in the vast £1bn Paradise regeneration scheme in the city centre. CPPIB said it will take a 50 per cent stake in the £150m first phase of the scheme alongside Hermes Investment [...]
Facing the muzak: Imagesound’s Derek Mapp talks jazz, Aim and Black Sabbath March 7, 2016 Lift music, or muzak, has got a bad name. But since the 60s, studies have found that in-store background music directly affects customer shopping behaviour and the amount they spend. With the high street relying more and more on a better shopping experience, ambience is everything. In 1998, angel investor Derek Mapp helped to found Muzak [...]
Whitbread shares plunge after “unusually warm winter” slows Costa sales March 3, 2016 Whitbread shares plunged by more than 4 per cent this morning after an “unusually warm winter” meant Costa’s sales slowed. The figures In the 11 weeks to 11 February, Whitbread revealed like-for-like sales at the coffee chain were up 0.5 per cent. Total sales were up 10.5 per cent. Like-for-like sales across Whitbread’s hotels and restaurants, [...]
A tale of two grills: Bukowski Charcoal Grill and Boyds Grill & Wine Bar March 1, 2016 BUKOWSKI CHARCOAL GRILL 10-11 D'Arblay Street, W1f 8DT Tel: 020 3857 4756 FOOD ★★☆☆☆ | VALUE ★★★★☆ | ATMOSPHERE ★★☆☆☆ Cost for two with beer and cocktails: £70 – – – – – – – – – – – BOYDS GRILL & WINEBAR 8 Northumberland Ave, WC2N 5BY Tel: 020 7808 3344 FOOD ★★★★☆ | VALUE [...]
Off The Beaten Track: Explore the secret(ish) Mayan ruins of Tulum, Mexico’s hidden gem February 29, 2016 Where? Cancun is as close to tourist hell as I can imagine – like if Portugal’s Algarve had sex with Las Vegas and put a sombrero on the child – but if you drive two hours south, you will find the pristine beaches, jungles and hidden Mayan ruins of Tulum – and not a spring [...]