Stock Spotlight: Soho House appeal remains despite reduced expansion plans

Longest waiting list since launch

clock • 3 min read

Soho House has pulled back on the number of new sites it expects to open this year, a move that has failed to dampen positivity around the stock, which has risen 80% year-to-date.

The company offers a fleet of private members clubs across the world, including sites in Israel, Sweden, India, the UK and US, all offering a "lifestyle brand" experience, with customers are able to access its ‘Homes' as well as other restaurant and gym amenities. Under the Soho House umbrella are brands The Ned, Soho Home, Soho Works, Soho Skin, Scorpios, The Line and Saguaro Hotels, all offering similar luxury membership perks. Stock Spotlight: Siemens Energy wind turbine unit turnaround blown off course The company's original, founding ‘house' was 40 Greek Street, Soho in London...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Fidelity to merge Japan Smaller Companies fund with £450m Japan strategy

Fidelity to merge Japan Smaller Companies fund with £450m Japan strategy

‘Uneconomic to operate’

clock 21 February 2024 • 1 min read
Jupiter forced to divest crypto ETP holding on compliance team demands

Jupiter forced to divest crypto ETP holding on compliance team demands

21Shares’ Ripple XRP ETP

clock 16 February 2024 • 1 min read
Meta dividend 'not enough to get traditional income investors excited'

Meta dividend 'not enough to get traditional income investors excited'

Out of 'exciting growth opportunities'

Eve Maddock-Jones
clock 15 February 2024 • 3 min read
Trustpilot