Puneet Varma (Editor)

Itsu

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Type
  
Private Limited

Products
  
Food

Number of locations
  
60+ (January 2016)

Headquarters
  
London, United Kingdom


Key people
  
Julian Metcalfe and Clive Schlee, co-founders Robert Jakobi, Managing Director (Metcalfe’s Food Company)

Founded
  
1997, London, United Kingdom

Founders
  
Julian Metcalfe, Clive Schlee

Itsu modern japanese restaurant


Itsu is a British chain of Asian-inspired fast food shops and restaurants, and a grocery company.

Contents

The chain was founded by Julian Metcalfe, co-founder of sandwich chain Pret a Manger and founder of Metcalfe's Food Company, in partnership with Clive Schlee. The first Itsu store opened in Chelsea, London in 1997. By October 2015, the number of shops in Notting Hill and Chelsea had grown to 50, with two restaurants in the area.

Itsu has reported financial data as follows:

  • The chain serves over nine million customers per year
  • Customers spend around £55 million in Itsu shops and restaurants,
  • Consecutive yearly sales increases of 30%
  • Itsu received international coverage in November 2006 when Alexander Litvinenko was poisoned in one of their restaurants. The Russian FSB secret service agent was poisoned with the radioactive element polonium before eating at Itsu's Piccadilly branch.

    Outlets & Expansion

    In April 2013, Itsu announced plans to open 20 more stores in London over the next three years. By September 2013, Itsu opened its first shop outside London, in Oxford.

    In July 2014, Itsu launched its 50th store, in Richmond, London. It announced intentions to open 30 more stores in the next few years.

    In January 2016, Itsu expanded into Northern England, choosing Spinningfields in central Manchester as the site for its first Northern store. The chain later opened a branch in Leeds.

    US Launch

    In August 2014, Julian Metcalfe confirmed his plans to launch Itsu restaurants and grocery stores in New York by early 2016.

    Itsu Grocery

    In March 2012, Metcalfe's Food Company, run by Robert Jakobi, launched the Itsu brand into retail under the name Itsu [grocery]. As of September 2013, the brand was worth £12 million. By the next month, Itsu groceries were selling 16 different products, including soups and noodles (including miso soup cups and noodle pots); snacks (including chocolate-covered edamame and rice cakes); sauces (including hoisin and teriyaki variants); and drinks.

    The Itsu [grocery] products are sold throughout the UK in places like Sainsbury’s, Tesco, Waitrose, and Whole Foods Market. They can also be bought online.

    Partnerships

    In January 2014, Itsu became the Official Partner of the Volleyball England Beach Tour.

    References

    Itsu Wikipedia