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James McAllister

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  • 2 min

BrewDog promises return to profit as losses widen

🍺 BrewDog, in its 2023 financial report, disclosed a pre-tax loss of £59.2m, which widened from £30.5m in the previous year. However, revenue increased from £321.2m to £354.6m, and underlying trading EBITDA improved from a £12.8m loss to just £2.5m. CEO James Arrow, who succeeded co-founder James Watt earlier in the year, reports a significant operational efficiency improvement. In the first half of 2024, BrewDog achieved EBITDA positive trading with revenue reaching £137.5m. The company's global bar sales rose by 12.3% in 2023, and they continue to expand internationally, including new markets like Thailand.
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  • 1 min

Vietnamese Kitchen heads to Borough for fourth Kêu site

🍣 Hieu Bui, founder of Kêu, is set to open a new restaurant on Borough High Street, joining the brand's existing locations in The City, Shoreditch, and Soho. Inspired by ancient Saigon, the venue will offer a menu with hand-pulled egg noodles, hủ tiếu rice vermicelli from Saigon, rice bowls, bahn mi sandwiches, and daily specials. The two-level space features traditional designs and a long table for up to 12 diners. Bui aims to spread the love for Vietnamese cuisine in London's food scene.
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