Pret A Manger names new chair as it sets sights on international expansion

cityam04-24

Pret A Manger had 697 locations worldwide, including 498 in the UK. Coffee chain Pret A Manger has named its new chairman and announced the return of one of its co-founders as it shakes up its board ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2429287436?lang=en_US&edition=fundamental","thumbnail":"https://www.cityam.com/wp-content/uploads/2024/04/JD_Forever_Forward_Group__Image_Final-1-1-1-1-2.jpeg?w=286&h=161&crop=1","is_english":true,"pubTime":"2024-04-24 17:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2429287436","market":"fut","top_or_hot":-1,"title":"Pret A Manger names new chair as it sets sights on international expansion","media":"cityam","content":"<div>\n<p>Pret A Manger had 697 locations worldwide, including 498 in the UK.  Coffee chain Pret A Manger has named its new chairman and announced the return of one of its co-founders as it shakes up its board ...</p>\n\n<a href=\"https://www.cityam.com/pret-a-manger-names-new-chair-as-it-sets-sights-on-international-expansion/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pret A Manger names new chair as it sets sights on international expansion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPret A Manger names new chair as it sets sights on international expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 17:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/pret-a-manger-names-new-chair-as-it-sets-sights-on-international-expansion/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pret A Manger had 697 locations worldwide, including 498 in the UK.  Coffee chain Pret A Manger has named its new chairman and announced the return of one of its co-founders as it shakes up its board ...</p>\n\n<a href=\"https://www.cityam.com/pret-a-manger-names-new-chair-as-it-sets-sights-on-international-expansion/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOTU","symbol_name":"高途","start_time":0,"source_url":"https://www.cityam.com/pret-a-manger-names-new-chair-as-it-sets-sights-on-international-expansion/","article_id":"2429287436","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/04/JD_Forever_Forward_Group__Image_Final-1-1-1-1-2.jpeg?w=286&h=161&crop=1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429287436","pubTimestamp":1713952038,"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Pret A Manger had 697 locations worldwide, including 498 in the UK. Coffee chain Pret A Manger has named its new chairman and announced the return of one of its co-founders as it shakes up its board amid a period of international growth.On Tuesday, the high street cafe said Olivier Goudet, who served as chairman since JAB’s acquisition in 2018, will be replaced by colleague and JAB Partner, Konrad Meyer.Meyer led the acquisition of Pret by JAB in 2018 and has been a Pret A Manger board member since then.The British sandwich shop was sold to the German company in a 1.5bn deal from private equity firm Bridgepoint.Last year the cafe said that it would increase the price of its loyalty scheme ‘Club Pret’ by five pounds to 30, but fans would get a 10 per cent discount on food – on top of five ‘free’ coffees a day.Pret A Manger had 697 locations worldwide, including 498 in the UK.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOTU":"高途","BK4503":"景林资产持仓","BK4204":"教育服务","BK4531":"中概回港概念","BK4510":"在线教育","BK4506":"内地教育股","BK4552":"Archegos爆仓风波概念"},"translate_title":"Pret A经理命名新椅子，着眼于国际扩张","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOTU":0.73},"content_text":"Pret A Manger had 697 locations worldwide, including 498 in the UK.  Coffee chain Pret A Manger has named its new chairman and announced the return of one of its co-founders as it shakes up its board amid a period of international growth. On Tuesday, the high street cafe said Olivier Goudet, who served as chairman since JAB’s acquisition in 2018, will be replaced by colleague and JAB Partner, Konrad Meyer. Meyer led the acquisition of Pret by JAB in 2018 and has been a Pret A Manger board member since then. The British sandwich shop was sold to the German company in a £1.5bn deal from private equity firm Bridgepoint. \n\nAs part of the shake-up,  Sinclair Beecham, one of Pret’s founders, and Larry Billett, Pret’s chairman from 2003 through 2011 and a board member until 2018, will return to the business. Sinclair and Larry have continued as significant supportive investors in Pret the acquisition in 2018. Beecham will not formally rejoin the board, but Larry will return as a non-executive director and chair of the Audit Committee.Meyer said: “We are very proud of the transformation of Pret over the past few years, and we remain focused on the essence of Pret: happy teams and happy customers, and serving people with the Joy of Pret. \n\n“As a final step in leaving the pandemic behind, we are implementing plans to reduce debt. I would like to thank Olivier for his strategic vision and leadership throughout the turbulent pandemic, and for tripling the number of Pret’s international markets. “Olivier is handing over Pret A Manger as it returns to its pre-pandemic strength, now with much enhanced international and digital footprints.”Pret A Manger, which means Ready to Eat in French, is now serving customers in 18 markets, including the UK, US, Canada, France, Belgium, Luxembourg, Spain, Italy, Switzerland, Germany, Hong Kong, Singapore, India and the Middle EastThe firm said on Wednesday the board changes will “support Pret as it enters into further development partnerships with strong local franchise partners in a growing group of countries”.\n\nLast year the cafe said that it would increase the price of its loyalty scheme ‘Club Pret’ by five pounds to £30, but fans would get a 10 per cent discount on food – on top of five ‘free’ coffees a day.Pret A Manger had 697 locations worldwide, including 498 in the UK.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429287436"}