Hotel Chocolat ‘cautious’ as falling revenue and profit dampen outlook for Mother’s Day and Easter sales March 8, 2023 Hotel Chocolat had a bittersweet second half of 2022 with dents in its revenue and profits, owing to “hefty investments”, as it is not so optimistic ahead of Mother’s Day and Easter. The premium chocolate maker reported a fall in its revenue to £129m down from £142m last year, while its gross profit was down [...]
Hotel Chocolat looks beyond Europe and signs deal with Japanese corporation January 3, 2023 Leading British chocolate brand Hotel Chocolat is looking beyond Europe after Brexit and has signed a new partnership with a major Japanese corporation. The tabletop favourite has teamed up with the Tokyo-based Eat Creator Corporation, after trading in Japan for the last four years. The chocolate maker reported a £9.4m loss for 2022 loss in [...]
Hotel Chocolat in the red amid ‘challenging’ current trading landscape December 1, 2022 Chocolate maker Hotel Chocolat has posted a £9.4m loss but said “people are still treating themselves with affordable luxury” despite a cost of living crisis. Its full-year results came in contrast to the previous year’s, where the London-listed firm posted a £3.7m profit after tax. “It goes without saying that the current environment is challenging [...]
Hotel Chocolat closes US online site September 12, 2022 British food brand Hotel Chocolat is going to close its US website and severely limit investment in the country. The premium British chocolate maker made the announcement this morning that “investment levels in the US would be materially reduced. They would be “limited to essential working capital only for online and wholesale.” It also “decided [...]
Hotel Chocolat boss warns of melting profits next year amid cost of living crisis July 19, 2022 Hotel Chocolat revenue has risen more than a third over the past year, as it braces for a spending slow down amid the cost of living crisis in the UK. Revenue hit £226m in the 12-month period, up from £165m a year prior and ahead of market forecasts. However, co-founder and CEO Angus Thirlwell said [...]
Hotel Chocolat’s profits surge following brand appeal increase in key markets March 2, 2022 Chocolate brand Hotel Chocolat has registered a surge in profits following a brand appeal increase in key markets like the UK, Japan and the US. In the 26 weeks ended 26 December, the group’s profit before tax was up 56 per cent to £24.1m, while the underlying EBITDA grew 35 per cent, from £24.9m to [...]
Sweet Tooth: Hotel Chocolat intake jumps 40 per cent as sales soar January 18, 2022 Hotel Chocolat increased revenue by 37 per cent year-on-year in the second quarter, with the group seeing strong sales internationally.
Awards 2016 October 26, 2021 The City A.M. Awards for 2016, held at the glitzy Grange hotel opposite St Paul’s Cathedral, saw 14 individuals or businesses collect gongs in front of a star-studded audience of around 500 City figures. Our congratulations go to all the winners who stood out during 2016 for their exceptional work. The event, however, is not [...]
Categories October 26, 2021 Categories 2022 Interested in sponsoring a category this year? Email our team at awards@cityam.com for more details. Insurance Company of the Year The insurance sector has had an extraordinary year, not just coming out of a pandemic but amid a host of natural disasters. This year we’re looking not just at insurers who are delivering for shareholders [...]
Hotel Chocolat jump more than 10 per cent after digital pivot pays off October 5, 2021 Hotel Chocolat’s shares have jumped more than 10 per cent today, as it posted solid revenue growth for the past year, suggesting the chocolatier’s pivot to becoming a digital brand is making headway. Revenue increased by over 20 per cent, which Walid Koudmani, market analyst at financial brokerage XTB said marked “encouraging signs for its [...]