D&D thrilled with staying power of its established restaurant sites

D&D has become the latest restaurant group to release details of its December trading performance, revealing that overall revenues for the four weeks to 31 December rose 11% year-on-year.

The company was buoyed by strong results from its established restaurants, claiming that it proved that it’s “not all about the latest restaurant fads anymore”.

Sites that have been open for two decades, such as Coq d’Argent (up 15%), Quaglino’s (up 13%) and 100 Wardour Street (up 78%) all did well. Madison (up 28%) and Paternoster Chop House (9%) also fared well as the group’s City restaurants had a good Christmas, driving UK sales up 4% overall.

The company said its overseas venues enjoyed a “significant” boost in sales during December, too.

Alcazar in Paris posted a 37% increase on the previous year’s sales, while Guastavinos in New York saw sales climb 10%.

Des Gunewardena, chairman and CEO of D&D London, commented: “We were very pleased with December trading and like-for-like growth in revenues compared with what was a very strong December last year.

“We continue to be successful with our more recently opened venues like German Gymnasium. But what is really great to see is the excellent performance of some of our longest established restaurants like Coq d’Argent, Quaglino’s and 100 Wardour Street. These venues have each been open now for two decades and continue to be at the forefront of the London restaurant scene.”

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