MARKETS
Significant growth in pipeline with six openings confirmed for FY18.
Market overview
With their combination of premium drinks, food and entertainment, both of the Group’s brands, Revolution and Revolución de Cuba, are well placed to take advantage of market trends.
The market is moving towards premium products with discerning customers willing to pay a little bit more for premium brands and handmade cocktails as a key element of their “night out”. With premium spirits now accounting for half of all spirit sales and with cocktails, as a category, forecast to continue strong growth through 2018, the premium positions of the Group’s brands are clearly aligned with market trends.
The Group seeks to operate, through both of its brands, at the premium end of each local market it serves. Use of branded products, premium pricing and a highly invested, quality environment appeals to aspirational customers, particularly females.
Our locations
We currently operate over 69 bars across the UK under both the Revolution and Revolución de Cuba brands. With our bars being situated in town and city centre locations, we believe there to be significant scope for expansion.
View Revolution bars
View Revolución de Cuba bars
With a clear strategy and our depth of management experience, we remain confident that the business is well positioned for future growth.
Keith Edelman – Chairman
