Sponsored by
Lights dim on nightclub group's sales
THE UK's biggest nightclub owner saw a dip in sales of 2.4 per cent in the first half of the year as the consumer slowdown forced many clubbers to stay at home.
Luminar Group, the owner of the Lava & Ignite and Jam House venues in Edinburgh, said trading during the period continued to be "difficult", but its performance was in line with management expectations.
In a statement, the firm, which owns 74 clubs, said: "(Our] operations are highly cash generative and Luminar will continue to finance its development through its existing strong cash flow and banking facilities."
Email to a friend
Print this page- Rangers takeover: Duff & Phelps threaten legal action against BBC
- Family mourn death of Glasgow ‘fight’ schoolboy
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers administration: Fans fear Duff & Phelps claims could scare off Green
- Rangers takeover: triple penalty punishment enough, says Johnston
- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Scottish independence: ‘People here are best qualified to run Scotland’
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Saturday 26 May 2012
Today
Sunny
Temperature: 8 C to 20 C
Wind Speed: 16 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 11 C to 21 C
Wind Speed: 10 mph
Wind direction: North east
