Latest NewsChristmas gives Luminar a boost in sales(19 January 2007 12:55)Nightclub operator Luminar has reported encouraging sales over Christmas, including a 3.1% rise in sales from continuing operations over the five weeks to 4 January. The company said like-for-like sales from its dancing division, which houses its nightclubs, increased by 7.3% over the festive period. "Our opening programme for 2006 [was] completed before Christmas with the new operations trading well and we have a strong pipeline of new sites for 2007/08," Luminar said in a statement. In December, Luminar agreed to sell its Chicago Rock and Jumpin' Jaks bar chains in a £76.8m cash deal to focus on developing its main branded dancing venues, Oceana, Lava & Ignite and Liquid. Luminar sells entertainment division >> Article continues below
Luminar nears deal to dispose of Chicago Rock Café and Jumpin’ Jaks >> Second senior figure to leave nightclub operator Luminar in a week >> Secretary at nightclub operator Luminar quits role >> By Daniel Thomas E-mail your comments to Daniel Thomas here. Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%. Source: CatererSearch |
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