THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Hotel Chocolat enjoys late festive surge in sales

Hotel Chocolat has enjoyed strong Christmas trading with retail UK and Ireland like-for-like store sales increasing by 10% year-on-year. The nine week period ending 25 December… View Article

FOOD AND DRINK NEWS UK

Hotel Chocolat enjoys late festive surge in sales

Hotel Chocolat has enjoyed strong Christmas trading with retail UK and Ireland like-for-like store sales increasing by 10% year-on-year.

The nine week period ending 25 December saw the retailer set a new record for Christmas campaign sales across its UK store estate. It also achieved its strongest ever sell-through of full-price seasonal products.

However, group sales declined by 5% in the period when international sales were included. In addition, online revenues were lower year-on-year after Hotel Chocolat deliberately spent less on marketing.

The retailer said it is continuing to trade in line with market expectations, although it remains cautious about consumer sentiment over the upcoming events of Valentine’s Day, Mother’s Day, Easter, Eid and Father’s Day.

Angus Thirlwell, co-founder and chief executive, said: “A late festive surge delivered sparkling store performances.  When times are tough, shoppers prioritise quality products that are really worth it. Hotel Chocolat will continue to live up to these expectations: investing in more cacao and less sugar, funding nature-positive cacao farming, and championing British-made quality. 

“We have grown Hotel Chocolat by 65% over the period since the start of the pandemic, adapting to some of the most difficult economic conditions on record. Taking a year, over FY23, to sharpen-up our operating model is the right thing to do, before we embark on further pursuit of the multiple growth opportunities ahead for our brand.”

Subscribe For Retail News