Ingenuity
This coverage examines THG Ingenuity’s role as an e-commerce and fulfilment platform serving retail brands in the UK and beyond. Reporting focuses on strategic partnerships, technological developments, leadership moves, and operational performance. Designed for retail executives, digital managers, and brand owners evaluating platform solutions, logistics capabilities, and competitive positioning in the online retail ecosystem.
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Oct- 2025 -14 OctoberOnline & Digital
THG welcomes highest quarterly growth in four years
THG has welcomed strong revenue growth across both businesses in Q3, with group sales up by 6.3% over the period, marking the highest organic quarterly growth since Q4 2021. This was driven by a 10% growth in THG Nutrition, the highest growth rate in over two years, as well as…
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Sep- 2025 -11 SeptemberHealth & Beauty
THG revenues fall in H1 but Q2 rebound lifts confidence
THG has revealed it delivered a first-half performance in line with guidance, as the company returned to revenue growth in Q2 with momentum continuing into H2. For the six months to 30 June 2025, the group stated that trading momentum from Q2 into Q3 continues to build positively, with the…
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Apr- 2025 -29 AprilNews-In-Brief
Today’s news in brief-29/4/25
Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m. However, UK and Ireland sales fell by 4% due to cautious consumer spending and mild autumn weather affecting seasonal purchases. The retailer’s market share in the…
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29 AprilHealth & Beauty
THG revenues rise 1.1% to £1.8bn in FY24
THG has seen its revenues rise by 1.1% year-on-year to £1.8bn in the year to 31 December 2024, while its pre-demerger adjusted EBITDA hit £123.1m in line with guidance and consensus. It comes as, during 2024, THG completed its Ingenuity demerger, joined the FTSE 250 index, and refinanced its long-term…
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23 AprilNews-In-Brief
Today’s news in brief-23/4/25
THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking sufficient funding. The proposal, which valued Myprotein between £400m and £600m, was largely structured in Selkirk shares, with additional cash payments dependent on new equity and debt issuance. THG’s board…
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23 AprilHealth & Beauty
THG rejects ‘undervalued’ takeover offer for Myprotein
THG’s board has confirmed that it received and rejected an “unsolicited, largely unfunded, highly conditional and non-binding” proposal from Selkirk to acquire Myprotein following recent speculation surrounding the potential deal. Selkirk’s proposal ascribed a headline value to Myprotein of between £400m and £600m on a cash-free, debt-free basis. According to…
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4 AprilOnline & Digital
THG completes debt refinancing to 2029
Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029. The news comes as THG revealed it has been undertaking a comprehensive refinancing exercise which includes a partial Amend and Extend of the Term Loan B to extend the maturity of €445m (£376.6m)…
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1 AprilNews-In-Brief
Today’s news in brief-1/4/25
Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance contributions and an increased minimum wage. According to Retail Economics, these changes will force businesses to absorb £1.76bn in profit losses while passing £1.72bn onto consumers through price hikes. Chancellor…
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1 AprilHealth & Beauty
Frasers ups stake in THG to 10.92%
Mike Ashley’s Frasers Group has revealed it has increased its stake in THG from 4.8% to 10.92%, according to the latest holding documents filed by the company. It now holds 151,940,734 voting rights in the company. The news comes as THG successfully fundraised £90m with the support from new investors…
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Mar- 2025 -25 MarchHealth & Beauty
THG successfully raises £90m with help from founder
THG has successfully fundraised £90m with the support from new investors and existing shareholders, including a £60m contribution from founder and chief executive Matthew Moulding. The equity contribution was made up of £30m of new ordinary shares, and Moulding’s £55m convertible loan and £5m of partly paid shares. The firm…
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