Revolution Bars changes names to The Revel Collective
11th Oct 2024 10:09
(Sharecast News) - Pub and bar operator Revolutions Bars Group revealed on Friday that it had changed its name to The Revel Collective in order to better reflect "the make-up of the group".
Read moreRevolution Bars taps Luke Johnson for chairman
9th Sep 2024 09:33
(Sharecast News) - Bar chain Revolution Bars has appointed Luke Johnson to the role of non-executive chairman following the retirement of Keith Edelman, who has been in the job for almost a decade.
Read moreRevolution Bars secures 'long-term future' following High Court approval
9th Aug 2024 07:13
(Sharecast News) - Bar chain Revolution Bars said on Friday that its "long-term future" had been secured after its restructuring plans received approval from London's High Court.
Read moreNightcap abandons pursuit of Revolution Bars
30th May 2024 08:11
(Sharecast News) - Nightcap confirmed on Thursday that it does not plan to make an offer for Revolution Bars, which said earlier this week that it had rejected a takeover proposal from the Piano Works owner.
Read moreRevolution Bars rejects Nightcap takeover proposal
28th May 2024 08:18
(Sharecast News) - Revolution Bars said on Tuesday that it has rejected a rescue deal by Nightcap as it is "incapable of being delivered" and that it will press ahead with a £12.5m fundraising.
Read moreRevolution Bars sale process yields no takeover proposals
14th May 2024 08:53
(Sharecast News) - Revolution Bars Group shares were sinking on Tuesday morning, after the company issued an update on the formal sale process, first announced on 10 April.
Read moreRevolution Bars in talks with 32 potential buyers
7th May 2024 12:33
(Sharecast News) - Revolution Bars said on Tuesday that it is in talks with more than 30 potential suitors in the search for a buyer to rescue the business.
Read moreRevolution Bars confirms takeover talks with Nightcap
2nd May 2024 07:26
(Sharecast News) - Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.
Read moreRevolution Bars proposes restructuring, eyes £12.5m equity raise
11th Apr 2024 09:15
(Sharecast News) - Bar and gastro pub operator Revolution Bars has proposed a restructuring of the group, which would involve the shuttering of several sites, rent reductions, and an equity raise of up to £12.5m featuring new and existing investors.
Read moreRevolution Bars exploring options including sale
26th Mar 2024 07:50
(Sharecast News) - Revolution Bars confirmed on Tuesday that it is exploring strategic options, including the potential sale of all or part of the group.
Read moreRevolution Bars warns on profits, shares slide
24th Jan 2024 08:11
(Sharecast News) - Revolution Bars issued a profit warning on Wednesday despite strong trading over the festive period, pinning the blame on several factors, including train strikes and the expense of Christmas.
Read moreRevolution to close eight bars despite strong festive trading
5th Jan 2024 09:26
(Sharecast News) - Shares in Revolution Bars Group were plunging on Friday morning, after the company announced a decision to close several locations despite a strong festive trading period.
Read moreRevolution Bars swings to full-year loss
17th Oct 2023 13:50
(Sharecast News) - Revolution Bars said on Tuesday that it swung to a full-year loss as late-night hospitality took a hit form the cost-of-living crisis.
Read moreRevolution Bars swings to loss in first half
7th Mar 2023 09:00
(Sharecast News) - Hospitality operator Revolution Bars reported a total first-half sales figure of £76m in its interim results on Tuesday, an increase from £74.1m year-on-year.
Read moreRevolution Bars warns on profits, shares tumble
17th Jan 2023 11:08
(Sharecast News) - Revolution Bars warned on Tuesday that full-year underlying earnings were set to be at the bottom end of the range of market expectations, with trading in the run-up to Christmas hit by train strikes and bar closures to keep energy costs down.
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