See web image below:
(Source; IPONZ - Intellectual Property Office of New Zealand)
Click on image to enlarge
Coffee Republic heading for New Zealand?
23rd September 2008
See web image below:
(Source; IPONZ - Intellectual Property Office of New Zealand)
Click on image to enlarge
See web image below:
(Source; IPONZ - Intellectual Property Office of New Zealand)
Click on image to enlarge
Coffee Republic and other retail concessions boost CineWorld
23rd September 2008
CINEWORLD GROUP plc - Financial Report
Published: 21 August 2008
Source: www.investegate.co.uk/Article.aspx?id=200808210700097693B
HIGHLIGHTS
Financial
Operational
"We achieved these results through a specific focus on the cost and mix of our offering. On the film side, the product mix was geared more to adult films which was a major factor in our average ticket price per admission improving to £4.34 (2007:£4.09). The change of both coffee and alcohol suppliers, more Ben & Jerry's kiosks installed, plus the upgrading of several of our retail areas resulted in our average retail spend per person rising to £1.73 (2007: £1.64)."
"In retail we successfully rolled out the Coffee Republic brand of freshly ground bean to cup coffee into all our retail stands and bars, thereby offering our customers a new and branded quality coffee product. We also appointed Carlsberg as our supplier for all draft beer and packaged alcohol and spirits across our estate."
CINEWORLD GROUP plc - Financial Report
Published: 21 August 2008
Source: www.investegate.co.uk/Article.aspx?id=200808210700097693B
HIGHLIGHTS
Financial
- Group revenue up 0.9% to £137.0m (2007: £135.7m)
- EBITDA* at £21.5m (2007: £21.7m)**
- Operating profit up 19.5% to £14.1m (2007: £11.8m)**
- Operating cash flow before changes in working capital and provisions at £21.5m (2007: £19.8m)
- Net debt reduced to £125.4m from £129.6m in June 2007
- Reported EPS: 4.2p on basic earnings
- Proposed interim dividend of 3.2p per share (2007: 3.0p per share)
Operational
- Box office receipts up 1.0% at £89.6m (2007: £88.7m)
- Average ticket price per admission up 6.1% to £4.34 (2007: £4.09)
- Average retail spend per person up 5.4% to £1.73 (2007: £1.64)
- Market share remained firm throughout the half year period at 23.6% (2007: 23.9%) (source: EDI Neilsen)
- Admissions down 4.8% at 20.6m (2007: 21.7m) reflecting a lower number of blockbuster films than the previous year
- New 12 screen cinema opened at High Wycombe in March 2008
- Formation of joint venture with Odeon Cinemas Limited to drive screen advertising revenue
- Strong start to the second half of 2008.
"We achieved these results through a specific focus on the cost and mix of our offering. On the film side, the product mix was geared more to adult films which was a major factor in our average ticket price per admission improving to £4.34 (2007:£4.09). The change of both coffee and alcohol suppliers, more Ben & Jerry's kiosks installed, plus the upgrading of several of our retail areas resulted in our average retail spend per person rising to £1.73 (2007: £1.64)."
"In retail we successfully rolled out the Coffee Republic brand of freshly ground bean to cup coffee into all our retail stands and bars, thereby offering our customers a new and branded quality coffee product. We also appointed Carlsberg as our supplier for all draft beer and packaged alcohol and spirits across our estate."
Wine and beer on sale at Coffee Republic
23rd September 2008
Source; www.bakeryinfo.co.uk
Coffee Republic is dipping its toe into continental-style drinking culture as some cafés have started to sell alcohol. Speaking to British Baker at Caffè Culture, UK franchise director Kevin Frostick said Coffee Republic hadn't really pushed the concept of licensed cafes, but where franchisees wanted to sell alcohol, the company had helped with alcohol licence applications to local authorities.
"It's just a handful, three or four, at the moment," he said. Frostick said some councils were not willing to grant the licences, but others welcomed the move towards a continental European drinking culture. One of the franchises selling alcohol, in Crawley, Sussex, is offering both chilled wine and beer.
Coffee Republic was at Caffè Culture to promote its concessions. Frostick said that the quality of enquiries at the show had been high.
Source; www.bakeryinfo.co.uk
Coffee Republic is dipping its toe into continental-style drinking culture as some cafés have started to sell alcohol. Speaking to British Baker at Caffè Culture, UK franchise director Kevin Frostick said Coffee Republic hadn't really pushed the concept of licensed cafes, but where franchisees wanted to sell alcohol, the company had helped with alcohol licence applications to local authorities.
"It's just a handful, three or four, at the moment," he said. Frostick said some councils were not willing to grant the licences, but others welcomed the move towards a continental European drinking culture. One of the franchises selling alcohol, in Crawley, Sussex, is offering both chilled wine and beer.
Coffee Republic was at Caffè Culture to promote its concessions. Frostick said that the quality of enquiries at the show had been high.
Coffee Republic Plc Preliminary Results
29th August 2008
PRELIMINARY RESULTS
Coffee Republic PLC, the independent coffeehouse franchisor and operator, announces its preliminary results for the year to 30 March 2008
Key Points:
Preliminary Results - Financial
Commenting Peter Breach, Chairman, said:
'This has been a year of significant change with the brand now represented across the UK and in twelve countries overseas.
We are still in a turnaround period and our costs have continued to outpace our income as we vigorously invest in the future of this global brand.
I continue to be impressed by the strength of the brand and I am convinced that our focus on Company owned bars, UK and International franchising and concessions is the most effective way to deliver profits to our shareholders in the medium term.'
For more detail please click here.
PRELIMINARY RESULTS
Coffee Republic PLC, the independent coffeehouse franchisor and operator, announces its preliminary results for the year to 30 March 2008
Key Points:
- The number of total outlets has more than quadrupled, to 193 since the beginning of the 2008 financial year (26 march 2007) driven by a large growth in concession outlets.
- The number of franchise units has doubled, to 53, in the same period. There are now 69 full service stores, including company owned, in the UK.
- There are ten international stores now open, principally in the Middle East and Eastern Europe with roll out commitments for more than 200 stores over the next 5 years.
- CEO to move to vice - chairman and maintains major shareholding as the business enters a phase of consolidation and refinement.
- Like for like sales for the total network for the quarter ended 29 June 2008 are 2.5% positive driven by a strong performance from the franchise bar portfolio.
Preliminary Results - Financial
- Financial results show a net loss of £2.50 million (2007: £2.42million) with £0.7m of fixed asset impairments and loss on disposal.
- Reported sales down 39.8% to £5.8 million following the conversion to franchising. Total network sales grew 9.0%, based on UK franchises and Company stores.
- A further £620,000 repaid to the bank during the year.
- Operating losses stable at £1.6m with the company absorbing unexpected costs of circa £200,000 and taking a bad debt impairment of £191,000.
Commenting Peter Breach, Chairman, said:
'This has been a year of significant change with the brand now represented across the UK and in twelve countries overseas.
We are still in a turnaround period and our costs have continued to outpace our income as we vigorously invest in the future of this global brand.
I continue to be impressed by the strength of the brand and I am convinced that our focus on Company owned bars, UK and International franchising and concessions is the most effective way to deliver profits to our shareholders in the medium term.'
For more detail please click here.
CR Deli in Kuwait now up and running!
20th August 2008
Just arrived from London to Kuwait, Coffee Republic, the famous British espresso coffee house opened this week serving a wide range of HOT and COLD drinks in addition to freshly baked bread and pastries and freshly made sandwiches.
CR is now open at the Universal Tower at the Derwaza, Ahmed Al-Jaber Street and will have more branches soon at the free trade zone, Salmiya and Highway restaurants area at Mina Abdulla.
source: http://www.moeys.net/2008/08/22/coffee-republic-opened/
Just arrived from London to Kuwait, Coffee Republic, the famous British espresso coffee house opened this week serving a wide range of HOT and COLD drinks in addition to freshly baked bread and pastries and freshly made sandwiches.
CR is now open at the Universal Tower at the Derwaza, Ahmed Al-Jaber Street and will have more branches soon at the free trade zone, Salmiya and Highway restaurants area at Mina Abdulla.
source: http://www.moeys.net/2008/08/22/coffee-republic-opened/
New Coffee Republic up and running in Bury, Lancashire!
18th August 2008
Congratulations to Andrew and Richard Liles who have opened a new Coffee Republic in Bury. Situated close to the Mill Gate Shopping Centre, the new Coffee Republic offers free Wi-fi and the Deli range alongside the usual great Coffee Republic drinks range.
Congratulations to Andrew and Richard Liles who have opened a new Coffee Republic in Bury. Situated close to the Mill Gate Shopping Centre, the new Coffee Republic offers free Wi-fi and the Deli range alongside the usual great Coffee Republic drinks range.
New Coffee Republic in Quality Crown Hotel, Kensington
17th August 2008
Coffee Republic now features in the Quality Crown Hotel in Kensington, London.
http://www.qualitycrown.com/kensington.htm
Coffee Republic now features in the Quality Crown Hotel in Kensington, London.
http://www.qualitycrown.com/kensington.htm
Coffee Republic switches on Barclaycard contactless payments
4th August 2008
Coffee Republic switches on Barclaycard contactless payments
Leo King
Follows four month trial
Coffee Republic has begun a rollout of contactless payments using Barclaycard OneTouch technology.
The cafe chain will install the technology in its 16 company-owned outlets across the UK. It is also in discussions with franchise owners about using the technology in their approximately 40 outlets.
The news follows a successful trial in five London stores, where there was a 50 per cent growth in contactless payments during the four month trial to April this year. Just under a fifth of credit card transactions were made in a contactless way in the period.
It said it was the first coffee chain to start contactless payments, which allow customers to pay for goods up to the value of £10 without needing a pin number, and by just swiping their cards. The system is also used by chains including Krispy Kreme, Yo Sushi and Books etc.
Coffee Republic is using the system because speed of service had become a concern, especially during peak times.
Keisha Meade, electronic point of sale systems manager at Coffee Republic, said the technology was making a big difference to service times, especially since many of its bars have only one till.
“We have seen an incredible appetite for the technology from our customers, in particular our Canary Wharf outlet where knowledge of contactless has proved to be very strong,” she said. “Customers recognise the technology, understand how to use it and are aware of its advantages such as speed and simplicity.”
http://www.cio.co.uk/concern/customers/news/index.cfm?articleid=3015&pagtype=allchandate
Coffee Republic switches on Barclaycard contactless payments
Leo King
Follows four month trial
Coffee Republic has begun a rollout of contactless payments using Barclaycard OneTouch technology.
The cafe chain will install the technology in its 16 company-owned outlets across the UK. It is also in discussions with franchise owners about using the technology in their approximately 40 outlets.
The news follows a successful trial in five London stores, where there was a 50 per cent growth in contactless payments during the four month trial to April this year. Just under a fifth of credit card transactions were made in a contactless way in the period.
It said it was the first coffee chain to start contactless payments, which allow customers to pay for goods up to the value of £10 without needing a pin number, and by just swiping their cards. The system is also used by chains including Krispy Kreme, Yo Sushi and Books etc.
Coffee Republic is using the system because speed of service had become a concern, especially during peak times.
Keisha Meade, electronic point of sale systems manager at Coffee Republic, said the technology was making a big difference to service times, especially since many of its bars have only one till.
“We have seen an incredible appetite for the technology from our customers, in particular our Canary Wharf outlet where knowledge of contactless has proved to be very strong,” she said. “Customers recognise the technology, understand how to use it and are aware of its advantages such as speed and simplicity.”
http://www.cio.co.uk/concern/customers/news/index.cfm?articleid=3015&pagtype=allchandate
RNS - IMF's agreed for Malta and Jordan
Coffee Republic PLC - Convertible Loan Note Issue
RNS Number : 5607A
Coffee Republic PLC
04 August 2008
Coffee Republic Plc ('Coffee Republic' or the 'Company')
Issue of Convertible Loan Notes, the buy back of various Regional Development
Franchise ('RDF') agreements and the granting of International Master Franchises
('IMF') for Jordan and Malta.
Coffee Republic is pleased to announce that an additional £270,000 of convertible loan notes ('Loan Notes') were issued on 31 July, being the closing date for the Loan Note issue. This brings to £780,000 the total Loan Notes issued.
The £270,000 additional Loan Notes have been used as consideration to buy back a number of RDF agreements where the Company and the RDF believe it is in the best interests of both parties to do so. All the individual RDFs concerned continue or plan to operate Coffee Republic franchises.
Furthermore, Coffee Republic announces that all RDF agreements with CR Direct Ltd have been terminated.
Coffee Republic also announces that it has recently signed IMF agreements for both Malta and Jordan with roll out plans of 5 and 7 stores respectively.
This continues the expansion of the Coffee Republic internationally and the Board remains confident that further international deals will be signed during the coming year.
RNS Number : 5607A
Coffee Republic PLC
04 August 2008
Coffee Republic Plc ('Coffee Republic' or the 'Company')
Issue of Convertible Loan Notes, the buy back of various Regional Development
Franchise ('RDF') agreements and the granting of International Master Franchises
('IMF') for Jordan and Malta.
Coffee Republic is pleased to announce that an additional £270,000 of convertible loan notes ('Loan Notes') were issued on 31 July, being the closing date for the Loan Note issue. This brings to £780,000 the total Loan Notes issued.
The £270,000 additional Loan Notes have been used as consideration to buy back a number of RDF agreements where the Company and the RDF believe it is in the best interests of both parties to do so. All the individual RDFs concerned continue or plan to operate Coffee Republic franchises.
Furthermore, Coffee Republic announces that all RDF agreements with CR Direct Ltd have been terminated.
Coffee Republic also announces that it has recently signed IMF agreements for both Malta and Jordan with roll out plans of 5 and 7 stores respectively.
This continues the expansion of the Coffee Republic internationally and the Board remains confident that further international deals will be signed during the coming year.
Coffee Republic heading for Bahrain City Centre
4th August 2008
Bahrain City Centre (BCC), the region's latest shopping destination due to open in September 2008, is set to be a food-lover's paradise.
Coffee lovers will also be spoilt for choice with 11 cafes brewing the rich flavours from Coffee Republic, Gloria Jeans, Caribou Coffee, Al Bindaira and The Coffee Bean. Bahrain's own Shawarma Express, Al Abraj, Jasmis and Maya La Chocolaterie will enrich this culinary choice with local specialties.
http://www.ameinfo.com/165254.html
Bahrain City Centre (BCC), the region's latest shopping destination due to open in September 2008, is set to be a food-lover's paradise.
Coffee lovers will also be spoilt for choice with 11 cafes brewing the rich flavours from Coffee Republic, Gloria Jeans, Caribou Coffee, Al Bindaira and The Coffee Bean. Bahrain's own Shawarma Express, Al Abraj, Jasmis and Maya La Chocolaterie will enrich this culinary choice with local specialties.
http://www.ameinfo.com/165254.html
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