News > People

Caring buys into Soho House

By Claire Miller , 04-Feb-2008

Related topics: People, Restaurants

Richard Caring has added to his already glittering estate by securing a controlling interest in ultra-hip Soho House.

Richard Caring has added to his empire by securing a controlling stake in members' club Soho House.

 

The former retail entrepreneur turned restaurateur spent £105 million on the stake and plans to open new branches of the members' club in Miami, Berlin, LA and Chicago.

 

The Soho House Club and restaurant chain joins prestigious restaurants the Ivy, Le Caprice, J Sheekey and Scotts, super-posh Annabel’s and Wentworth Golf Course.

 

Caring bought out 28 small share holders to secure his controlling share, while founder Nick Jones retains a 20 per cent stake and is becoming chief executive.

 

The first Soho House opened in 1985 and has since been joined by the Soho House in New York, Babington House in Somerset, Electric House in Notting Hill, Shoreditch House in East London and High Road House in Chiswick.

 

A Los Angeles branch is expected to open by the end of 2008, followed by one in Miami at the beginning of 2009.

BigHighlights

National Restaurateurs’ Dinner 2014: in pictures

National Restaurateurs’ Dinner 2014: in pictures

The 27th National Restaurateurs’ Dinner (NRD) took place at the Dorchester on Tuesday, helping raise over £80,000 for...

Travellers’ Choice: Top 10 UK tourism hotspots

Travellers’ Choice: Top 10 UK tourism hotspots

London is the third-best travel destination in the world, according to TripAdvisor’s sixth annual Travellers’ Choice awards...

#AskMark: Our inspiring Twitter Q&A with Mark Sargeant reviewed

#AskMark: Our inspiring Twitter Q&A with Mark Sargeant reviewed

Whether it was his advice for young chefs, his memories of working with Gordon Ramsay or his...

Business Profile: Ping Pong

Business Profile: Ping Pong

Ping Pong’s change-of-location strategy and design brief move it a step closer to bringing dim sum to...

Development Chef Awards 2014: In Pictures

Development Chef Awards 2014: In Pictures

The Farm Frites Development Chef Awards 2014 took place in London yesterday, recognising and rewarding the best menus, dishes...

Find us on Facebook

Digital Edition - Restaurant Magazine

Access to the Restaurant Magazine digital edition