Hotel Chocolat swings to loss as online struggles

Hotel Chocolat store with sign reading: 'It's all about cocoa'

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. 

 

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