A Guide To Live Music For Your Pub
December 11, 2023Stonegate might have a saviour ...
Welcome to 7 Day Cellar's alcohol industry update, where we cover everything you need to know about this week in the alcohol industry. We look at everything, from hospitality company annual results to insights into the economy and seasonal trends - you won't want to miss it.
This week's alcohol industry update sees a potential rescue for Stonegate, consumer confidence figures in for December and Amber Taverns growing it's pub portfolio ...
GfK has updated the UK Consumer Confidence, revealing a two-point increase in the December headline score to minus 22. Despite economic challenges, all five measures improved compared to the previous month.
Campari acquires French cognac house Courvoisier from Beam Suntory for $1.2 billion.
The UK government announces a £299 cost of living payment for approximately 8 million eligible households in February, part of three means-tested payments totaling up to £900 in 2023/24.
Draft pint sales at UK pubs dip 2.1% in the second week of December year-on-year, attributed to the lack of a World Cup boost. Rural and suburban dwell times grew 4.1%.
Apollo Global Management is reportedly providing £630 million of debt to Stonegate Pub Co. to pay down existing borrowings.
The Competitive Socialising Group, parent company of Swingers, reports full-year numbers, with turnover rising to £36.2m and operating losses narrowing slightly.
Amber Taverns acquires four new sites for £4.5m, marking the beginning of its 2024 expansion.
The CGA/RSM Hospitality Tracker for November reports a 4.0% increase in like-for-like sales for managed restaurants, pubs, and bars.
Amanda Sellers is confirmed as the new CEO of Asahi Beverages, the first woman to lead a regional headquarters within Asahi Group.
Vianet reports H1 results, with revenue at £7.19m, margin improvement, and operating profit of £1.30m.
Drake & Morgan, with £43.3m turnover, plans UK expansion driven by continued investment in all-day trading and immersive events.
BrewDog announces a New Year’s Eve promotion offering pints for as little as £1.95.
Shaftesbury Capital PLC announces the departure of Chris Ward, the Chief Operating Officer, after 12 years with the company.
