What’s gone wrong at Everyman and can the luxury cinema chain regain its magic?
Everyman, a luxury cinema chain, is facing significant challenges as competition increases and financial losses mount. The company has seen its market value drop nearly 80% over the past five years, with a recent profit warning alarming investors. New interim CEO Farah Golant aims to turn the business around by focusing on debt reduction and potential operational improvements.
- ▪Everyman has 49 cinema locations across the UK and has struggled with competition from rivals like Odeon and Vue.
- ▪The company has reported over £56 million in pre-tax losses in the past six years and has not made a profit since 2019.
- ▪Farah Golant has been appointed as interim CEO to lead a turnaround strategy, freezing expansion to focus on debt reduction.
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The grade II-listed Everyman Barnet. The chain has 49 sites across the country. Photograph: David Levene/The GuardianView image in fullscreenThe grade II-listed Everyman Barnet. The chain has 49 sites across the country. Photograph: David Levene/The GuardianTravel & leisureWhat’s gone wrong at Everyman and can the luxury cinema chain regain its magic?More competition and loss-making sites are among the challenges for the new turnaround chief executiveMark SweneySat 30 May 2026 09.00 EDTSharePrefer the Guardian on GoogleWith its comfy sofas and a menu of gourmet treats including Béarnaise smash burgers and trendy Whispering Angel rosé wine at £47 a bottle, Everyman has thrived as the go-to chain for a luxury cinema trip.Yet a quarter of a century after reinventing the movie-going…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — World.
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