Time Out plots NYC market as revenues soar
TIME OUT Group will open another food market in New York after revenues at its Lisbon site rocketed. Yesterday the company announced a 19 per cent increase in revenue to £44m, underpinned by growth in its ecommerce business and global franchise agreements.
Time Out Market Lisbon, the first of the group's foodie havens, brought in £6m in revenue, up 62 per cent on 2016. On the back of this success, Time Out has plans to open new markets in Chicago, Boston, Miami, and now New York.