Perth joins the Lindt chocolate shop club
Chocolate lovers in Perth are in luck: Lindt & Sprüngli, the Swiss luxury chocolatiers, are opening one of their branded shops in the city. The shop will be situated in the popular Watertown Brand Outlet Centre, and is set to open on September 7. The company is offering a free kilogram of Lindor chocolate balls to any customer who spends $10 or more, and is hoping to divest itself of as much as 400 kg of free chocolate on the day. It will also offer a 50% discount on the balls for the next two weeks.
Lindt’s share price is up by 10% so far this year
Source: Yahoo Finance
Stephen Loane, Lindt’s Australian CEO, made the following comment on the store opening:
“We are delighted to be expanding into the WA market. Following the nationwide success of our Chocolate Shops, we know customers in Perth will enjoy indulging in our signature chocolate drinks and the wide range of Lindt chocolate products we have on offer.”
Lindt’s newest shop will join a further 12 in Australia, which also hosts 6 of its branded cafes. The company has built a reputation as one of the most exclusive luxury confectionaries in the world since its founding in 1845.
Dominion holds Lindt & Sprüngli in its Global Trends Luxury Fund.
If you would you like to receive the Newsfeeds daily, please click here to sign up now!Help us make this Newsfeed better by rating this article. 1 star = Poor and 5 stars = Excellent
- Click here to print this story: Print
The views expressed in this article are those of the author at the date of publication and not necessarily those of Dominion Fund Management Limited. The content of this article is not intended as investment advice and will not be updated after publication. Images, video, quotations from literature and any such material which may be subject to copyright is reproduced in whole or in part in this article on the basis of Fair use as applied to news reporting and journalistic comment on events.