Hotel Chocolat has slipped into the red with revenues dropping 10%, owing to lower online and international sales.
Sales at the chocolatier declined to £204.5m for the 53 weeks ending July 3, 2023, down from £226.1m the previous year.
Profit before tax swung from £21.7m last year to a £800,000 loss for the period, which the retailer said was in line with market expectations.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.