Caprice Holdings owns the Ivy chain as well as Scott’s in Mayfair and Daphne’s Italian restaurnat in Chelsea AlamyThe owner of The Ivy has shown its resilience in a tough environment for Britain’s restaurants, with trading holding up in conditions that have resulted in a spate of closures among rivals. Richard Caring’s Caprice Holdings group, which also owns Sexy Fish and Scott’s in Mayfair, reported like-for-like sales growth of 2.1 per cent for the year to December 31 2017. Its annual accounts record turnover for the year of £67.7 million. The company made a pre-tax profit of £9.2 million, up from £8.7 million the previous year, although it said that margins had been under pressure. It said that the performance at Daphne’s, its Italian restaurant in Chelsea, had been fantastic, with annual like-for-like sales growth of 11 per cent thanks to increases in…

Source: The Times January 03, 2019 12:00 UTC