Soho House reports £92m loss despite 20% rise in membership
by Rupert Neate Wealth correspondent from US news | The Guardian 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.
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