New name for Conran restaurants

By BigHospitality Writer

- Last updated on GMT

Related tags: Management, Corporate governance

Conran Restaurants has changed its name to D&D London, following a management buyout by Des Gunewardena and David Loewis which took place last September. The Chairman/Chief Executive and Managing Director respectively bought out 49 per cent of ...

Conran Restaurants has changed its name to D&D London, following a management buyout by Des Gunewardena and David Loewis which took place last September.

The Chairman/Chief Executive and Managing Director respectively bought out 49 per cent of Conran Restaurants from Conran Holdings and saw like-for-like sales rise 13 per cent in the three months to Christmas 2006, compared to the same period in 2005.

Gunewardena said, "We agreed at the time of the buyout that we would change our name to reflect the new ownership and management and to communicate to the outside world that there has been a fresh start and a new energy in the company."

D&D is opening two new restaurants in Tokyo over the next two months and will then open in the Refurbished Royal Palace Hall on London's South Bank in June.

Related topics: Business

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