London's Appetite for Eating Out has yet to Lose Its Edge ; Analysis
Evening Standard - London › October 02, 2008
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Summary
IF you believe the doom-mongers, London's restaurant industry is hurtling towards Armageddon.
In the face of rising labour and food costs, falling consumer demand and rents that remain stubbornly high, it is unsurprising shares in some of the sector's biggest players have been ravaged in the past year.See the full content of this document
Extract
London's Appetite for Eating Out has yet to Lose Its Edge ; Analysis
Throw in Sir Terence Conran's recent decision to sell his gastronomic empire speculation being the super-savvy entrepreneur is exiting before things get really grim and it is easy to see why confidence in the sector has plummeted.
A shock profit warning from Clapham House, the To...See the full content of this document
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