Seaside star 28 February 2020 Simon Hulstone, owner of the Elephant in Torquay, on riding the wave of running a Michelin-starred restaurant for 15 years
In this week's issue...Seaside star Simon Hulstone, owner of the Elephant in Torquay, on riding the wave of running a Michelin-starred restaurant for 15 years
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Recovery at Paramount sparks expansion plans

04 October 2004
Recovery at Paramount sparks expansion plans

Chez Gérard owner Paramount has announced plans to expand its chain of restaurants both in and outside London, following a successful turnaround of the business.

Earlier this week the group posted a 5.6% increase in turnover to £31.2m for the 12 months to 27 June, with pre-tax profit reaching £1.8m, up from a loss of £230,000 in 2003.

Chief executive Nick Basing said Paramount was now focused on expanding its Chez Gérard and Bertorelli restaurants in London, where it was in advanced negotiations on a number of new sites.

The group also plans to expand its two new restaurant formats, Brasserie Chez Gérard and Caff‚ Bertorelli, outside the capital.

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