Hotel Chocolat raises £22m to fuel online and international growth

Hotel Chocolat

The chocolatier said the cash would be ploughed into its medium-term growth strategy, which includes its expansion into the US and Asia, increasing its distribution and warehouse capacity, and investing in its core UK business – both in stores and online – once the crisis had passed. 

Hotel Chocolat said the funds would also provide it with “additional flexibility if it so becomes needed” during the coronavirus crisis. 

The business said it was adopting a “prudent approach to expansion” while the global pandemic rages on.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now