Restaurant Group serves up profit rise March 3, 2010 RESTAURANT Group – which owns the Garfunkel’s and Chiquitos chains – saw a slim rise in profit last year. Revenues were up five per cent to £436m while pre-tax profits rose two per cent to a higher-than-expected £50m, the company said yesterday. The company has weathered the recession without the massive discounting seen by some [...]
The comeback cad trying his luck in the Med March 2, 2010 JAMES Hewitt – former lover of Princess Diana, ex-solider, comeback cad – throws his head back and laughs at what I have just said. “Yes, I suppose this is like Rick’s in Casablanca,” he says when he recovers. “And everyone comes to Rick’s.” We are having dinner in a corner of Polo House, his bar [...]
The Americans are coming to Battersea, and it’s no wonder February 25, 2010 WHEN do you know if an area is going up in the world? Normally an influx of luxury hotels and award-winning restaurants should be a good enough sign, but the arrival of the embassy of the world’s most powerful country might just trump those. The American Embassy may not be due to open in the [...]
Got the cash? Well then it’s lobster ‘n’ caviar all round February 23, 2010 ASTAR Tokyo chef, Shoichi Fujimaki, has delighted wealthy locals by charging £70 for a single serving of his signature ramen noodles, a price commanded by his special blend of broth. A less gourmet version of the staple can be bought for £4 down the road. So if cash-stripped Japan can rustle up dishes so extravagant, [...]
Candys set to lose US deal February 22, 2010 THE Candy brothers have been dealt a fresh blow as their plans to develop luxury apartments in the Beverley Hills district of Los Angeles are set to be scrapped later this week. The eight-acre site was to be turned into 235 apartments, shops and restaurants. Instead it will be sold at auction on Thursday after [...]
London Fashion Week retains its young counterculture edge that rivals lack February 22, 2010 London Fashion Week remains in full swing over the next few days as designers say the capital’s strong youth culture still gives the event an edge that rivals like Milan, New York and Paris lack. US designer John Rocha who showed off his latest designs in London over the weekend, said: “There is a great [...]
CITY SET FOR HERON’S ROOM WITH A VIEW February 18, 2010 BUSINESS hotshots out to impress in the City’s culture of superlatives, take note: plans are finally afoot to find a restaurateur to take on what will soon become the venue with some of the best views over the Square Mile. Heron Tower, the 46-storey Bishopsgate glass and stainless steel giant due for completion just over [...]
The good times are rolling again February 17, 2010 IT’S been a rough couple of years for restaurants, many of whom – beginning life bright-eyed and bushy-tailed – were stopped in their tracks by the credit crunch. High-gloss French restaurant Ambassade de L’ile and swanky Japanese restaurant Aaya were two casualties, along with Nobu’s sister restaurant Ubon in Canary Wharf. But it’s a far cheerier [...]
DIAMOND TAKES HARD LINE ON BONUS ROW February 16, 2010 AS AN investment banking doyen continually under the cosh these days with regard to bonus payments, it must be tough to keep a calm and unruffled façade at all times. Bob Diamond, the president of Barclays and head of its money-spinning investment bank Barclays Capital – yesterday kept mostly schtum at the group’s annual results [...]
She’s far more than just a (legal) blonde: a star is born February 16, 2010 MEETING Sheridan Smith, the 28-year old star of the smash hit Legally Blonde: The Musical, is rather like a game of hide and seek. Or, as it turns out, a treasure hunt. For the former star of such television gems as Two Pints of Lager and a Packet of?Crisps and Gavin and?Stacey, has gone awol. [...]