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Thorntons says full year profit should beat expectations thanks to Easter trade Wednesday, 3rd April 2013
Easter eggs on the production line at Thorntons. British chocolatier Thorntons PLC on Wednesday said full year profit should beat market expectations after “satisfactory” trading over Easter, Mother’s Day and Valentine’s Day. Thorntons said it expects pre-exceptional profit before tax for the year ending 29 June to come in above the current market expectations of £3.1 million.
Thorntons fetes turnaround as sales and pre-tax profit rise Monday, 25th February 2013
British chocolatier Thorntons hailed the beginning of its turnaround as pre-tax profits, revenues and UK sales rose during the first half of its year. The retailer on Monday revealed revenues rose 2.9 per cent to £133.7 million in the 28 weeks to 12 January 2013, while profit before tax and exceptional items increased by £2.2 million to £5.3 million.
Thorntons’ sees Christmas sales rise, but stores still suffering Wednesday, 16th January 2013
A surge in sales of chocolate boxes helped Thorntons see in a profitable new year, but a decline in like-for-like store sales suggests the retailer isn’t out of danger yet. Commercial sales grew 26.4 per cent to £34.7 million in the 14 weeks to 12 January, against a 1.3 per cent decline in like-for-like sales across its store operations.
Thorntons “heartened” by turnaround sales Wednesday, 12th September 2012
Confectionery retailer Thorntons is said to be “cautiously optimistic” about its future trading, after experiencing its best second half performance in three years. While many believed Thorntons would become another recession casualty for the high street, the retailer has emerged from a series of troubled quarters “heartened” by the success of its Best of British range and the strength of its customer loyalty.
Fairtrade sales continue to grow despite downturn Tuesday, 17th July 2012
Sales of Fairtrade goods rose by 12 per cent in the UK for 2011, despite drastic cutbacks to consumer spending. Although many of the UK’s shoppers are looking to cut corners and bag a bargain for their weekly shop, signs that Fairtrade products are now a staple part of our baskets have become clear, as UK sales of Fairtrade items match the rate of global growth.
Chocolate lovers breathe a sigh of relief as Thorntons sales rise Wednesday, 11th July 2012
Business could finally be getting back on track for Thorntons, as the much-loved chocolate maker saw a rise in sales in the three months to the end of June. Total sales rose £24.7 million for the period, up 8 per cent compared with a year before. Despite the good news, the company was quick to warn that the period only accounts for around 10 per cent of annual sales, and that it would remain cautious for the following year.
Luxury Belgian chocolatier Daskalidès to launch in Covent Garden Wednesday, 2nd May 2012
Daskalidès, a premium chocolatier that’s been making confectionary since 1931, has chosen Covent Garden for the location of its first UK store. Leading property advisors CWM acted on behalf of Daskalidès to secure its inaugural store on Covent Garden's Long Acre back in March.
Luxury chocolatier Venchi appoints CWM for UK expansion Friday, 2nd March 2012
Gourmet chocolate manufacturer Venchi will team up with CWM to initiate a roll out in the UK. Established in 1878, the award-winning Italian company is well-known for its premium chocolate and gelato lines, which follow traditional and regional recipes.