date:Sep 13, 2012
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.
The company blamed the economy, the decline in consumer sentiment and rising raw material costs for a 79% profit nosedive to $1.4 million (0.9m) for the 53 weeks ended 30 June 2012.
In the firms full-year results announced today, the company posted near stagnant sales at $349