Tag Archives: Wagamama

Wagamama sales growth up by 7.4% in strong financial year for the chain

Wagamama sales growth up by 7.4% in strong financial year for the chain

Wagamama has released its financial report for the year, showing like-for-like sales growth of 7.4% year ending 29 April. Group turnover also increased by 13% and rose to £300.6m in 2017/18, while adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) also went up. Rising to £45.7m from £45.5m, EBITDA showed an increase of 0.4%

Wagamama hires Goldman Sachs to explore sale options

Wagamama is engineering itself into position for a possible sale after appointing Goldman Sachs to review its “strategic growth options”. The pan-Asian inspired noodle outfit confirmed that it is looking into the choices available to it after recently strengthening its management team and opening in new international locations. Current owners Duke Street and Hutton Collins

Wagamama, Living Ventures and Bistrot Pierre among the brands to scoop industry accolades

The nation’s best casual dining restaurants and pubs were revealed last night at the Casual Dining Restaurant & Pub Awards 2018, which took place at the Marriott London Grosvenor Square, following the first day of the Casual Dining show. Living Ventures, Wagamama, Bistrot Pierre, Brewhouse & Kitchen, Loungers, The Alchemist, Flat Iron, GBK, and The

Deliveroo reveals the restaurants driving the delivery company

As the end of 2017 approaches, online-based food delivery service Deliveroo has revealed which restaurants have been leading the way for orders over the last 12 months. Despite having a turbulent financial year, American fast casual dining restaurant Five Guys secured the most orders of any restaurant in the UK, with its cheeseburger. Deliveroo noted

POWER LIST 2017, KITCHEN INNOVATORS: Steve Mangleshot, Executive Chef, Wagamama

It has been a prolific year for Wagamama, which now numbers 170 restaurants worldwide and reported a record financial turnover of £266m. The pan-Asian inspired noodle chain opened 10 new restaurants last year and completed 16 refurbishments, bringing Kaizen design to the existing estate.  It now intends to open another 10 branches over the next

Hospitality Minister needed to guide industry through choppy waters

The trade body that represents restaurant chains such as Casual Dining Group, Carluccio’s and Wagamama this morning called for the hospitality sector to have its own dedicated Hospitality Minister. With Brexit providing uncertainty for employers and costs for businesses rising, the time is right for the government to appoint a dedicated Minister to the support

Wagamama and Springboard form business partnership

Casual dining chain Wagamama is joining forces hospitality charity Springboard on a major drive to inspire young people and unemployed adults into careers in hospitality. The partnership will nurture a pipeline of talent into the industry, and make a positive contribution to improving perceptions of a career in hospitality, showcasing exciting career opportunities within “progressive”

Friska unveils plans for location expansion project

The co-founder of Bristol-based fresh fast-food restaurant chain Friska has revealed his plans for targeting new sites after securing funds. Friska co-founder Griff Holland is hoping to launch venues in Manchester, Birmingham, Leeds, Reading and Cardiff after securing £3m in private equity funding, Friska told Insider. Last week it was revealed that YFM Equity Partners had invested £3m

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