THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Hotel Chocolat transfers stores in Denmark to Retail Brands

Hotel Chocolat Group has announced the transfer of its retail stores in Denmark to Retail Brands. It has also signed a development agreement covering Denmark, Sweden, Norway and Finland.

FOOD & DRINK

Hotel Chocolat transfers stores in Denmark to Retail Brands

Hotel Chocolat Group has announced the transfer of its retail stores in Denmark to Retail Brands. It has also signed a development agreement covering Denmark, Sweden, Norway and Finland.

We love chocolaty retail news! Having launched its first Danish store in Copenhagen in 2012, the company has three stores in the country.

Hotel Chocolat’s existing trade in Denmark will transfer to the franchisee which will grow the business in accordance with a development agreement. Meanwhile, Hotel Chocolat will have the option of buying back the business after a period of five years.

Goods will be sold to Retail Brands on wholesale terms with a royalty levied on sales.

Angus Thirlwell, co-founder and chief executive of Hotel Chocolat, said: "Having proven the popularity of the Hotel Chocolat brand with Danish consumers we are excited to be entering our next phase of Scandinavia-wide growth. By combining the strengths of our products and brand with the operational skills of an in-country partner, our goal is to deliver sustainable growth in Denmark and the wider Nordic region."

Retail Brands operates a number of international retail franchises in the Nordic region. Hotel Chocolat said its strong local knowledge of the Scandinavian market made it ideally placed to grow the chocolatier’s operations in the region.

Tobias Johan Toft, co-founder and chairman of Retail Brands, said: "We are delighted to add Hotel Chocolat to our brand portfolio. We are well advanced with our plans to open new stores and expect to open at the Bruuns Galleri shopping mall in Arhus and Ro's Torv mall in Roskilde this autumn."

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The HR Summit 2018
The HR Summit 2018
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues