Soho House Group, a chain of private members’ clubs in the U.K. and America, will open five new venues by 2014, the Sunday Times reported, without saying where it got the information.
New clubs will open in Barcelona, Istanbul, Mumbai and Toronto, it said, as well as in Chicago. Billionaire Ron Burkle bought a 60 percent stake in the group for 15 million pounds ($23.5 million) in January, it said.
The company is expected to report increased revenue for the year to January and a 16 percent increase in pretax profit to 18 million pounds, the newspaper said.
To contact the reporter on this story: Clementine Fletcher in London firstname.lastname@example.org.
To contact the editor responsible for this story: Sara Marley at email@example.com