Conviviality takes another step into wholesale
Conviviality vs. Majestic: Beer, Wine, and the High Street’s decline We note that Conviviality has been busy since IPO’ing at 145p in September 2013. Now at c208p, via highs of just under 240p, with two significant acquisitions under its belt in the past year (Matthew Clarke for c£200m and, today, Bibendum for £60m). The Bargain…
Leisure sector growth: It’s getting harder out there
With a slew of weaker-than-expected US macro data coming out yesterday for March (Durable goods orders up 0.8% month-on-month from a steep drop in February; capital goods orders flat; consumer confidence slipping from 96.1 to 94.2), it might be a good time to contrast stock market optimism with the reality of underwhelming corporate data. Optimism…
Langton has a burger… MEATmission
Langton dined out at MEATmission in Hoxton over the weekend to check up on one of the loudest exponents of the gourmet burger movement. MEATmission leaves a particularly potent impression on your average East London diner, with its dark interior, raucous music, and pirate radio DJ booth overlooking an often boisterous crowd. It is this…
Langton has a burger…Patty & Bun
Like many London restaurants generating buzz these days, Patty & Bun was born as a pop-up before making the transition to a more permanent establishment. At the forefront of what seems like a bit of a better-burger revolution, the group’s recently-opened second site just off Liverpool Street stands opposite what is apparently the UK’s busiest…
Langton investigates…King’s Cross development:
You might’ve noticed King’s Cross is changing. The buzz was unmistakable when we visited the nearby food market last Friday, on our way to check out the new Drake & Morgan site which has opened close to the German Gymnasium. A 67-acre King’s Cross estate is the largest of its kind being redeveloped in Europe,…