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Soho House founder Nick Jones steps down after 27 years at top

Handover: Nick Jones and his wife Kirsty Young

Upscale private club Soho House founder Nick Jones steps down after 27 years at the top

  • Jones, 59, founded Soho House in 1995 as a space for artists and actors
  • It’s now a global empire with fans like Tom Cruise and Harry and Meghan
  • Jones will remain in the role of looking after the brand and designing new homes.

Nick Jones has stepped down as chief executive of the Soho House owner’s collective membership group after recovering from prostate cancer.

The founder of London’s Greek Street upscale members’ club in 1995, will hand over the reins to group chairman Andrew Carnie.

Jones, 59, built Soho House from a space for artists and actors to congregate above his restaurant Cafe Boheme into a global empire with fans including socialites and celebrities such as Tom Cruise and Harry and Meghan.

Handover: Nick Jones and his wife Kirsty Young

Handover: Nick Jones and his wife Kirsty Young

Its New York-listed parent company MCG is now worth £233million, with more than 40 locations worldwide and 211,000 members.

It spans 38 Soho homes and a beach club in Mykonos. Jones will remain in the role of looking after the brand and designing new homes.

Carnie will take over as CEO under Executive Chairman Ron Burkle.

Jones said: “For the past 27 years I have led Soho House and MCG by always putting members at the heart of everything we do.

“I’m so proud of what we’ve achieved and grateful to all the teams that have helped us get to where we are.

“I’m going back to doing what I did for many years – that’s why I got into business – giving people a good time, getting people to meet new people and creating beautiful spaces.”

He grew up in Surrey and went to boarding school in Oxfordshire. At 17, he decided to pursue a career in catering because he was “obsessed with food”.

He is married to Kirsty Young, the former presenter of the BBC radio show Desert Island Discs who had to resign for health reasons after being struck down with rheumatoid arthritis and fibromyalgia, a chronic pain disorder .

She delighted fans with a return to screens during the Queen’s Platinum Jubilee celebrations.

MCG said membership grew from 193,370 to 211,351 in the three months to October 2, up 46% from the same period last year. Sales were £224m, up 48%.

But the losses worsened, slipping to £77.4m from £65m. Its shares fell 17% in New York.

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