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Kornicis Group sees Christmas sales rise

17 January 2014 by
Kornicis Group sees Christmas sales rise

The London wine bar and restaurant operator, Kornicis Group enjoyed a 5.5% increase in like-for-like sales in its City and Canary Wharf bars during the five-week period leading up to Christmas and New Year.

Total sales for the group, which has 21 bars operating under brands including Jamies and Smollensky's, showed a 7.2% increase.

The company, which is largely London-based but also has sites in Chelmsford, Manchester and Wimbledon, said it continued to see a challenging trading environment Kornicis, although it has now delivered compound sales growth of 5% per annum over a five-year period.

Kornicis Group CEO, Nick Tamblyn, said: "The quality of our product offering and the strength of our brands enabled Kornicis to deliver another strong set of December numbers. Our staff have worked tirelessly to ensure our customers had first rate festive experiences, with guest feedback reaching new levels."

He added: "The strong Christmas results set Kornicis up well for further acquisitions of London sites in 2014, and we look forward to continue building our strong product offering and loyal customer base."

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