Wagamama has so far kept its head while many of those around it in the casual dining market have lost theirs, reporting an 11% rise in sales for the most recent quarter for which results are available.
Over the past year, CEO Jane Holbrook has overseen the opening of no fewer than seven UK stores and nine US stores as the chain has pursued an aggressive growth agenda on both sides of the Atlantic.
This only tells half the story though, for the company has also completed some 31 refurbishments, bringing Kaizen design and additional covers to the existing estate.
As long as the business keeps producing the goods, the appetite to invest from within remains strong.
Says Jane: “Our successful results allow us to continue our investment in developing our people, our menu, our sites and in better understanding our customers to allow us to innovate to meet their changing tastes and dining preferences.”
Meanwhile, the next 12 months could herald some major developments at the business following the news it is working with Goldman Sachs to review its strategic growth options as it seeks to become an iconic global brand.
Address: 76 Wardour Street, London, W1F 0UR
Tel: 020 7631 3140
Focus: Pan-Asian cuisine
The 2018 FEJ Power List is supported by Category Sponsor Charvet. For more details click HERE.