Finsbury Food Group is ramping up its partnership with global drinks giant Diageo to launch one of its signature distilled gins in cake form; along with its 20-year affiliation with Ferrero to introduce a raft of new additions to the Thorntons range focused...
Thorntons took a £7.7M hit to UK commercial sales in the first half of its financial year after two major accounts significantly reduced orders, although international sales partially offset the damage.
Confectionery manufacturer Thorntons plans to close a further 40 stores in this financial year, as it continues to focus on “significant growth” in multiple-channel sales via supermarkets and Thorntons Direct online.
UK chocolatier Thorntons will look to restore profitability by concentrating on Easter and Christmas products in commercial channels as it shifts its strategy away from own-store sales, according to the firm’s CEO.
UK chocolatier Thorntons is to concentrate on selling its premium chocolate range through commercial channels and will also explore international markets after its earlier focus on own-store sales helped profits to slump.
UK chocolate maker and retailer, Thorntons, should renegotiate on own shop leases in order to claw back some lost profits, claims an analyst as the group issues another pre-tax profit warning and its CEO steps down.
John Thornton, the last family member on the board of one of the
UK's leading confectionery companies, Thorntons, has announced his
resignation, bringing to an end nearly a century of direct family
Thorntons, the UK confectioner, has retuned to profit growth for
the first time in five years in fiscal 2004, but warned that
further measures to improve the company's finances would entail
more costs in the coming year, reports...
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...
Several more potential bidders have emerged for UK-based chocolate
manufacturer and retailer Thorntons, which earlier this month
confirmed that it had begun discussions with a financial investor.
But the company will hope for a swift...
Christmas sales fell compared to the particularly strong
performance in the previous year, but UK chocolate manufacturer and
retailer Thorntons said it was happy with its overall performance
in the first half of 2002/03.
Thorntons, the UK chocolate maker and retailer, has continued to
post good like-for-like sales growth in the first four months of
the financial year, but Christmas will be the key test of its