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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/thorntons-reveals-profits-decline.jpg"><img class="alignnone size-full" title="Thorton's new chief executive Jonathan Hart during the company's centenary birthday party at Shoreditch House in central London" src="http://londonglossy.com/wp-content/uploads/2011/02/min-thorntons-reveals-profits-decline.jpg" alt="Thorton's new chief executive Jonathan Hart during the company's centenary birthday party at Shoreditch House in central London"/></a></p>
<p>Chocolatier Thorntons revealed a drop in profits after sales were hit by December&#8217;s snowy weather as it said trading at its stores in 2011 has been weak.</p>
<p>The company said December&#8217;s Arctic weather wiped £3.5 million from its sales and raised the cost of manufacturing and delivering its goods by £500,000.</p>
<p>Thorntons, which is celebrating its 100th anniversary this year, reported that pre-tax profits declined 8.5% to £8.3 million in the 28 weeks to January 8 as it battled higher commodity prices, although revenues increased 4.8% to £133.5 million helped by strong sales to supermarkets.</p>
<p>Trading conditions on the high street have been &#8220;challenging&#8221; in 2011 and it warned it will close some of its 371 company-owned stores after a significant number of leases come up for renewal in coming months.</p>
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