Tag Archives: Itsu

Itsu and Greene King champion worker development programmes

Itsu and Greene King champion worker development programmes

City & Guilds Group has released the names of six UK hospitality businesses commended by the 2018 Princess Royal Training Awards. Restaurant chain Itsu, caterer Bartlett Mitchell and pub group Greene King are among those to receive the accolade, along with Apprenticeships in Hospitality Scotland and The Master Innholders. From e-learning to health and wellbeing

Pret and Itsu founder Julian Metcalfe pencilled in for Lunch

Julian Metcalfe, the founder of itsu and co-founder of Pret A Manger, will give his insight to the current state of the food-to-go sector at the forthcoming Lunch! show after being confirmed as the headline speaker. Mr Metcalfe, who is one of Britain’s most celebrated food-to-go entrepreneurs, will share his specialist knowledge and insight to

Itsu suffers 70% blow to EBITDA amid store expansion strategy

Itsu, a British chain of Asian-inspired fast food shops and restaurants, has made a notable drop in EBITDA and overall losses, despite securing high revenues. In the company’s annual report for the period 29 Dec 2016, it is reported revenues saw a healthy boost of +17% to £95.9m, while the sushi chain’s EBITDA was down

More major casual dining chains join ALMR’s swelling ranks

The ALMR has strengthened its status as a key representative for the UK eating-out and drinking-out market with a raft of leading companies joining the ranks, including high-profile names from the restaurant, casual dining and pub sectors. Prominent restaurant companies such as Pizza Express, Leon, Wagamama, Busaba Eathai, Itsu and Wahaca have added their names

Itsu finance chief quits to join ETM Group

Former Itsu CFO Landen Prescott Brann, who spent four years helping the business grow from 30 to 70 sites and delivering an estimated £100m turnover this year, has joined ETM Group. Brann will be the new CFO of the privately owned bar, restaurant and pub company, ETM Group, which is looking to strengthen its senior

Banks releasing funds to finance next phase of chain expansion

The banking community is beginning to put its faith in the hospitality sector again, which is welcome news for operators looking to finance expansion programmes and new kitchen projects. FEJ looks at how two chains from opposite ends of the foodservice spectrum are plotting to use the funds they have just secured from agreeing new

Itsu ignites chain expansion with £40m refinance package

Itsu, the healthy Asian food chain created by Pret A Manger co-founder Julian Metcalfe, recently announced record financial results for 2014 and 2015 and today reveals it has secured funding from HSBC worth £40m. The cash injection enables the company to forge ahead with an ambitious expansion plan. Soaring consumer demand for healthier food choices on the

De-merger for company set up by Pret and itsu founder

Metcalfe’s Food Company, the outfit set up by itsu and Pret A Manger founder Julian Metcalfe, has announced plans to de-merge and restructure its business. From June 1, the organisation will split to form itsu [grocery] Ltd and Metcalfe’s skinny Ltd. The company said the move represents an “incredibly important step forward” and has been