Restaurant and bar group Kornicis reports 24% increase in sales

02 February 2012 by
Restaurant and bar group Kornicis reports 24% increase in sales

Kornicis Group, the firm behind Jamies Wine Bars, Smollensky's, Henry J Bean's and several other independent sites in the City of London, has reported a 24% increase in sales in the five weeks to 31 December 2011.

Like-for-like sales were up 15% over the same period, with central London sites faring slightly better at 20%.

Kornicis has 20 bars in total and was formed in 2008 when private-equity firm NBGI bought 17 sites from the Food and Drink Group.

Jamies proved one of the strongest brands, with a 20% like-for-like sales increase, and was further boosted by two new sites at Ludgate Hill and St Mary at Hill.

Kornicis chief executive Nick Tamblyn said: "Much has already been said concerning the snow effect in the previous year when comparing the like-for-like performance for the Christmas period just ended. Notwithstanding the soft comparables of 2010, these are impressive results and Kornicis will continue focusing its future growth into the central London area."

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

Blogs on ]( Catch up with more news and gossip on all Caterer's blogs
[E-newsletters]([ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking