"JOH includes Oliver's media interests, such as TV production, books, endorsements, his cookery school and restaurant, as well as franchise income from the overseas restaurants that still bear his name, fees for promoting the supermarket Tesco, and royalties from products bearing his name. His latest book, Eat Yourself Healthy, is currently the UK's bestselling cookery book, and the chef is also involved in charitable efforts with his Ministry of Food foundation now teaching cooking in 1,150 secondary schools."
"Income from directly owned and operated restaurants jumped to 3.6m in 2024, from 335,983 in 2023, while franchise income from overseas restaurants including Jamie's Italian and Jamie's Deli, rose to 3.8m from 3.6m. That was despite a tough environment for the hospitality industry in recent years amid rising costs and a shift away from dining out as households try to deal with high bills including for energy and groceries."
Jamie Oliver and his wife paid themselves 2.5m in dividends as pre-tax profits at Jamie Oliver Holdings fell by 1m to 2.4m. Sales rose 6% to 28.6m, driven by a surge in restaurant income after the November 2023 opening of his first directly run restaurant since 2019. JOH comprises media interests, franchise and licensing income, Tesco promotion fees, and product royalties. Income from directly owned restaurants rose to 3.6m and overseas franchise income to 3.8m. The group is a certified B Corp; its Ministry of Food foundation teaches cooking in 1,150 secondary schools. The chief executive left in December and the operating board now runs the company.
Read at www.theguardian.com
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