Themed bars suffer setback

The current trend for themed bars and restaurants took a step backwards yesterday when one restaurant chain announced a sharp dip in profits while a themed pub group collapsed into administration with debts of pounds 4m.

My Kinda Town, which operates the Chicago Rib Shack and Henry J Bean outlets, reported lower profits due to the closure of part of its Paris branch of Henry J Beans and the impact of the Paris strikes last year.

Separately, administrators were called in at Saxon Inns, which operates a chain of 26 themed bars within the M25, after the company ran into cash problems. Several rival pub groups have expressed interest in the chain which includes the Minogues bar in Islington, North London.

The downbeat announcements come just two days after plans for two huge new themed restaurants in London were unveiled and show that themed diners and watering holes are not necessarily a certain success.

Capital Radio has announced plans to open a radio restaurant in the basement of its new Leicester Square headquarters, which it moves to in the summer in the summer. It will be operated by My Kinda Town.

Greenhills, a themed restaurant operator, has signed an agreement with Turner Entertainment to open The Dream Factory, a massive eaterie based on movies such as Wizard of Oz and Casablanca. It is scheduled to open on London's Regent Street later this year.

My Kinda Town, which also operates the Salsa and Beach Blanket Babylon restaurants, saw profits in the six months to December fall from pounds 1.3m to pounds 1m. The fall was due to a pounds 337,000 charge for closing one floor of the Paris branch of Henry J Bean. Trading in France is improving but has yet to return to normal. The company said sales were up in the UK and that the second half had started well.

Canadian Pizza, which manufactures pizza bases and toppings announced a sharp fall in profits for the full year to December. Profits fell from pounds 2.33m to pounds 1.4m last year due to a poor first half.

Pricing pressure, particularly from the supermarkets, was a major factor. The company has also slashed its dividend and replaced its chairman.

peoplePaper attempts to defend itself
voicesWe desperately need men to be feminists too
Life and Style
food + drink
Arts and Entertainment
British actor Idris Elba is also a DJ and rapper who played Ibiza last summer
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

IT Project manager - Web E-commerce

£65000 Per Annum Benefits + bonus: Clearwater People Solutions Ltd: If you are...

Trainee / Experienced Recruitment Consultants

£20000 - £25000 per annum + OTE £40,000: SThree: SThree are a global FTSE 250 ...

Trainee Recruitment Consultant - Soho

£20000 - £25000 per annum + OTE £40000: SThree: As a Recruitment Consultant, y...

Trainee Recruitment Consultants - Banking & Finance

£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...

Day In a Page

Secret politics of the weekly shop

The politics of the weekly shop

New app reveals political leanings of food companies
Beam me up, Scottie!

Beam me up, Scottie!

Celebrity Trekkies from Alex Salmond to Barack Obama
Beware Wet Paint: The ICA's latest ambitious exhibition

Beware Wet Paint

The ICA's latest ambitious exhibition
Pink Floyd have produced some of rock's greatest ever album covers

Pink Floyd have produced some of rock's greatest ever album covers

Can 'The Endless River' carry on the tradition?
Sanctuary for the suicidal

Sanctuary for the suicidal

One mother's story of how London charity Maytree helped her son with his depression
A roller-coaster tale from the 'voice of a generation'

Not That Kind of Girl:

A roller-coaster tale from 'voice of a generation' Lena Dunham
London is not bedlam or a cradle of vice. In fact it, as much as anywhere, deserves independence

London is not bedlam or a cradle of vice

In fact it, as much as anywhere, deserves independence
Vivienne Westwood 'didn’t want' relationship with Malcolm McLaren

Vivienne Westwood 'didn’t want' relationship with McLaren

Designer 'felt pressured' into going out with Sex Pistols manager
Jourdan Dunn: Model mother

Model mother

Jordan Dunn became one of the best-paid models in the world
Apple still coolest brand – despite U2 PR disaster

Apple still the coolest brand

Despite PR disaster of free U2 album
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits