Article 6KCDC Soho House reports £92m loss despite 20% rise in membership

Soho House reports £92m loss despite 20% rise in membership

by
Rupert Neate Wealth correspondent
from on (#6KCDC)

Chain of private members' clubs increases debt as it continues its international expansion

Soho House, the private members' club popular with celebrities including Kate Moss, Kendall Jenner, Ellie Goulding and the Duke and Duchess of Sussex, has reported losses of $118m (92.5m) for 2023.

The company, which has expanded from a single house" in London's Soho to 42 locations around the world, has lost money every year since it was founded by the restaurateur Nick Jones in 1995.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title
Feed Link http://www.theguardian.com/
Reply 0 comments