Ingenuity

THG to cut 160 jobs across three departments

THG has plans to cut 160 jobs across its marketing, sales and warehouse departments, The Times has reported.  It is…

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Today’s news in brief-16/1/24

Card Factory reported a 10% increase in total sales for the 11 months ending December 2023, reaching £476.9m, driven by…

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THG sees Q4 revenue growth amid Holland & Barrett partnership

THG has reported a 1.1% revenue increase to £597m during Q4 2023, driven primarily by the beauty and ingenuity divisions.…

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Kelso ramps up THG break-up campaign

Activist THG shareholder Kelso has reportedly ramped up its campaign for THG to confirm its plans to diverge the three…

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THG acquires skincare brand Biossance

THG has agreed to acquire skincare brand Biossance from US biotechnology group Amyris Inc for a maximum consideration of $20m…

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THG commerce division Ingenuity strikes deal with L’Oréal

Ingenuity, the complete commerce division of THG plc, has signed a deal with L’Oréal to manage the direct-to-consumer (DTC) activities…

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THG maintains guidance following steady Q3

THG has maintained its full-year revenue and EBITDA guidance after welcoming its best quarterly revenue performance in the last year.…

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THG snaps up City A.M.

THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that…

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THG in talks to buy City A.M.

Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…

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THG offloads OnDemand division

THG has recently sold its OnDemand division to a Newco led by the existing OnDemand management team and funded by…

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