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 COULD PRIVATE EQUITY’S LION GROUP BE LOSING ITS ROAR?
NOODLES: Wagamama is part of the Lion group 
Sunday October 18,2009 By Geoff HoLOSSES at private equity firm Lion Capital, the owner of brands including Jimmy Choo shoes and Wagamama noodle bars, have more than doubled to £4.1 million, according to the private equity group’s latest set of accounts filed at Companies House.
The accounts show Lion Capital made a £4.1 million loss after tax for the nine months to December 31, 2008. It represents a sharp acceleration in losses at Lion, which had previously reported a £1.5 million loss for the year to March 31, 2008. The red ink was down to the fact its administrative expenses had ballooned to £15.4million. In its previous results, Lion’s expenses totalled £9 million. One spot of good news for Lion was the fact that its turnover had increased 39.1 per cent to £10.4 million. Lion Capital also owns Weetabix, frozen foods group Findus and lingerie retailer La Senza. . 
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