Hotel Chocolat
This coverage examines Hotel Chocolat’s operations, strategy, and positioning within the UK retail and confectionery market. Reporting highlights store performance, product innovation, marketing campaigns, sustainability efforts, and executive leadership shaping the brand’s growth. Retail executives, brand managers, and buyers can gain insight into how Hotel Chocolat navigates consumer trends and competitive pressures in the premium food and gifting sectors.
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Jan- 2025 -10 JanuaryNews
Silverburn shopping destination reaches ‘record-breaking’ footfall in 2024
Silverburn, Glasgow’s leading retail and leisure destination, has announced a “record-breaking year”, welcoming 15.2 million visitors in 2024, marking a 2.4% increase in foot traffic in December alone. This growth comes as Silverburn confirms the signing of several new retail and leisure brands, set to occupy over 100,000 sq. ft.…
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Mar- 2024 -5 MarchEconomy
Deal activity in F&B recovered in 2023, Grant Thornton finds
Deal activity in the food and beverage sector rebounded last year compared with 2022, when dealmaking was put on pause due to the emerging cost of living crisis, according to new research from Grant Thornton. According to the firm’s research, there was an uptick in M&A activity across the sector…
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Nov- 2023 -16 NovemberNews
Today’s news in brief-16/11/23
Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural alignment between the two companies, sharing values of quality, sustainability, and purpose. Hotel Chocolat’s directors deemed the deal “fair and reasonable.” Mars, with its international footprint and global supply chain,…
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16 NovemberHigh Street
Mars acquires Hotel Chocolat for £534m
Mars has agreed to a takeover of Hotel Chocolat in a deal which values the business at £534m. The cash offer from Mars represented a 168% premium on its share price which closed at 139p on Wednesday (15 November). The directors of Hotel Chocolat stated that they believed the terms…
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Oct- 2023 -12 OctoberNews
Today’s news in brief-12/10/23
Next is reportedly in the final stages of acquiring clothing brand FatFace in a deal worth over £100 million. This move follows Next’s recent acquisitions, including a majority stake in Reiss, the brand name and assets of Cath Kidston, and the acquisition of Made.com. The group also has investments in…
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12 OctoberHigh Street
Hotel Chocolat revenues fall 10% in FY23
Hotel Chocolat has reported that revenue fell by 10% to £204.5m in the year ended 2 July, due to lower sales online and internationally. UK revenues also dropped by 8% year-on-year, which the group maintains is in line with market expectations. That said, the group did experience an 8% year-on-year…
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Jun- 2023 -30 JuneAnalysis
Hotel Chocolat is in a bad way – but so are other chocolatiers
Over the course of Easter 2023, the UK was responsible for one in eight Easter-related chocolate launches, according to research from Mintel’s Global New Products Database (GNPD), while seasonal Easter chocolate products also saw a 19% rise over the past 12 months. Meanwhile, UK-based ‘free-from’ chocolate brand NOMO reported a…
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23 JuneHigh Street
Hotel Chocolat expects to deliver marginal loss for FY23
Hotel Chocolat has announced that it anticipates to deliver an underlying marginal loss before tax for FY23, despite cash generation remaining healthy, with cash-at-hand of £19m and zero debt. The direct-to-consumer chocolate brand’s trading update comes after a previous announcement, which outlined that the current financial year is a “transition”…
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May- 2023 -3 MayHigh Street
Hotel Chocolat appoints new chair
Hotel Chocolat Group plc, a direct-to-consumer premium chocolate brand, has announced the appointment of Stephen Alexander as the company’s non-executive chair, effective on 5 May 2023. Alexander has held numerous chair roles of public and private equity-backed companies, predominantly in the consumer sector, for more than 20 years, including Dairy…
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Apr- 2023 -27 AprilNews
Hotel Chocolat warns sales to be lower than expected in FY23
Hotel Chocolat has reported that it expects sales in FY23 to be slightly lower than market expectations and that underlying PBT will be breakeven, according to its new trading statement and update on its strategic progress. It said that second half trading to 23 April achieved high seasonal full price…
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