Category: Other leisure
Bricks & Clicks: A Changing of the Guard?
By Jack Brumby
The latest clothing market figures show High Street clothes retailing is a bloody business. Meanwhile, upstart online retailers go from strength to strength…
Margin watch. Rising costs threaten profitability over the medium term…
Some costs are rising but the CPI isn’t… Labour & commodity prices up, CPI stuck at 0.3% The oil price has doubled in 3mths, sugar is +71% on a year, OJ is +41% Soybeans are +19% & even coffee, corn & pigs (+6%, +9%, +15%) cost more NLW and NMW are jacking labour costs by…
The UK Coffee Market: Independents vs. Incumbents
While other markets falter, coffee prospers In most evolving industries, at some point, the disruptive new entrant becomes the familiar incumbent. Langton was struck by this thought while noting the continued success of coffee operators around Spitalfields. The number of coffee outlets in the UK has almost trebled in the last six years to nearly…
Euro 2016: Blessing or Blight….
Football benefits wet-led pubs. For virtually all other operators, it’s a negative Pubs: Wet led pubs perform strongly over football tournaments, food led units do not. Sports-led units will clearly perform well. Chameleon bars run the risk of alienating both groups of customers. Hence it’s not just a case of plugging in ‘football’ and getting…
Whitbread H1 Analysts’ Meeting
WHITBREAD (WTB): 4725p H1 numbers: Analysts’ Meeting: Group reports it is on course to deliver results in line with expectations… Year to end-Feb PBT (£m) EPS (p) PER (x) DPS (p) Yield (%) 2015 (E) 480.9 211.6 22.3 81.8 1.7 2016 (E) 542.0 239.8 19.7 91.4 1.9 2017 (E) 613.0 270.0 17.5 103.2 2.2…