Ferrero UK has invested £6.74m ($8.61m) in launching a new range of confections for Christmas 2018 after the company achieved consecutive seasonal growth over the last five years.
UK chocolatier Thorntons has reported increased sales in the third quarter as its focus on the commercial channel drove performance over Valentine's Day, Mother's Day and Easter.
UK chocolatier Thorntons has suffered a 63% decline in profits in its half yearly report and intends to close almost half of its own stores and focus on commercial retail sales.
The dominance of the multiple retailers in the UK has had a
devastating effect on the specialist retail sector there, with the
massive buying power of the major chains allowing them to undercut
independent operators at the same time...
Last summer's hot weather had a major impact on sales at Thorntons,
the British confectionery retailer and manufacturer, but the
company had a lot more to be happy about when it came to Christmas.
