Can mussels and fries keep the Belgo empire afloat?

Article Abstract:

Belgium-based Belgo Group PLC's expansion plan to open a $3-million, 425-seat Belgo restaurant in New York, NY, in January 1999 through a jont venture with Apple South Inc. of Georgia has been greeted with mixed reactions by the analysts of the restaurant and leisure industries. The analysts are wary of what had happened to themed restaurants, such as Planet Hollywood and the Fashion Cafe, whose sales had slumped after their novelty had worn off. Andy Bassadone, Belgo's chief executive, expressed his confidence in the success of a restaurant in New York stressing that Belgo is not a themed restaurant but rather a food-led restaurant that happens to have a theme. Belgo, which began operations in 1992, is one of the fastest-growing restaurant chain in Europe made popular by its fare of mussels, Belgian waffles, boar sausages and 101 Belgian beers.

Comment:

Its plan to open a $3-mil 425-seat Belgo restaurant in New York, NY, in Jan 1999 is greeted with mixed reactions

Foreign operations, Joint ventures, Belgium, Public affairs, Apple South Inc., Belgo Group PLC

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Saks executive is named chief of DFS

Article Abstract:

LVMH Moet Hennessy Louis Vuitton announced the appointment of Brian E. Kendrick as the CEO of DFS Group Ltd. Mr. Kendrick is the second-ranking executive at Saks Holdings Inc. DFS is LVHM's troubled duty-free company. Mr. Kendrick is presently the vice chairman and chief operating officer of Saks. He will take over the posts of DFS' president and CEO from Myron E. Ullman III.

Comment:

LVMH Moet Hennessy Louis Vuitton announces appointment of Brian E. Kendrick as the CEO of DFS Group Ltd.

Duty Free Shops, DFS Group Ltd.

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Wedco is named CEO of New World Coffee

Article Abstract:

New World Coffee Inc. has appointed Anthony D. Wedco as its new chief executive officer (CEO). Wedco is replacing Ramin Kamfar as CEO.

Eating places, Miscellaneous food stores, Food Stores NEC, Officials and employees, Grocery stores, Appointments, resignations and dismissals, Coffeehouses, Wedco, Anthony D., Kamfar, Ramin, New World Coffee Inc., NWCI

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