Live Breaking News & Updates on Lemon Pepper Holdings Board
Stay updated with breaking news from Lemon pepper holdings board. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wingstop The U.K. saw its highest sales growth in 2020 and continued to open seven new locations despite successive national lockdowns. Wingstop the award-winning wing concept with more than 1,500 locations worldwide, today announced a minority investment in the UK business, which is operated by its UK franchisee, Lemon Pepper Holdings Ltd. (LPH). This investment follows strong performance in the UK and underscores the brand s confidence in the market as a key growth lever for global expansion. We are thrilled to partner with the Lemon Pepper team as they grow their brand presence in the UK, a market with tremendous long-term potential, says Wingstop CFO Michael Skipworth. We believe this strategic use of our capital will strengthen the development pipeline in that market and I am excited to join the Lemon Pepper Holdings Board of Directors and play a role in helping achieve the potential for the Wingstop brand in the UK. ....
Provided May 25, 2021 Wingstop, which has more than 1,500 locations worldwide, has made a minority investment in its UK business, operated by Lemon Pepper Holdings Ltd. The investment follows a strong performance in the UK and underscores the brand s confidence in the market, Wingstop CFO Michael Skipworth said in a company press release. We believe this strategic use of our capital will strengthen the development pipeline in that market, and I am excited to join the Lemon Pepper Holdings Board of Directors and play a role in helping achieve the potential for the Wingstop brand in the UK, he said. Dallas-based Wingstop entered into a 100-restaurant agreement in 2017 with LPH founded by Saul Lewin, Tom Grogan, Herman Sahota and Paddy Bamford as the sole franchisee for the UK market. LPH opened Wingstop s first restaurant in the heart of central London, and its portfolio now has a mix of high-street, shopping mall and ghost kitchen locations. ....