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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Nov- 2021 -8 NovemberHealth & Beauty
THG boss reveals regret over London IPO
THG founder Matthew Moulding has revealed he regrets the decision to float the company on the London Stock Exchange last year, adding that he “should have IPO’d in America”. Moulding made the comments during an interview at the GQ Heroes awards, and as reported by The Times, also said that…
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Oct- 2021 -13 OctoberOnline & Digital
THG shares plunge by a third following investor event
THG has seen its shares plummet by around a third (34.75%) following a Capital Markets Event held by the group yesterday (12 October). In a statement released today, the group noted the fall in the share price but states that it “knows of no notifiable reason for the material share…
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Sep- 2021 -16 SeptemberHealth & Beauty
The Hut Group announces FY22 THG Beauty listing
The Hut Group (THG) has revealed plans to list its beauty arm as a separate entity on a public share-trading exchange in FY22. The listing of THG Beauty reflects a period of strong organic growth and growing US footprint for the department. The decision to list THG Beauty comes after…
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Aug- 2021 -4 AugustHealth & Beauty
THG to acquire Cult Beauty for £275m
THG has announced it has agreed to acquire Cult Beauty, the UK based online beauty retailer, for a total consideration of £275m. Cult Beauty is the authorised online retailer of over 300 third party brands across skincare, haircare and cosmetics, including Charlotte Tilbury, Drunk Elephant and Huda Beauty. Currently less…
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May- 2021 -11 MayOnline & Digital
THG announces $1bn capital raising
The Hut Group (THG) has announced a capital raising of roughly $1bn (£708m) to support the continuation of the group’s M&A strategy. The funds will consist of a $730m (£517m) subscription agreement with SB Management (SBM), totalling 86,621,797 new ordinary shares at the placing price. An institutional placing of up…
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Apr- 2021 -15 AprilOnline & Digital
The Hut Group revenues soar 42% in ‘milestone’ year
The Hut Group has announced that group revenues soared by 42% to £1.6bn in its full-year results, as the wider consumer shift to digital channels “continued apace”. In what was a “milestone” year for the group, EBITDA was up by 35% to £150.8m in the period and new customers rose…
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Jan- 2021 -12 JanuaryOnline & Digital
The Hut Group revenue soars ahead of guidance in Q4
The Hut Group has announced that revenue soared by 51% to £558.7m in the three months ended 31 December 2020, outperforming a previous guidance of 40% to 45% growth. Revenue guidance was initially estimated to be 16% to 25%, but was raised last month following a “strong” peak trading performance…
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Dec- 2020 -2 DecemberHealth & Beauty
Beauty Bay considers a stock market listing
Online cosmetics store, Beauty Bay is reportedly considering a stock market listing, following the surge in valuation fellow digital retailer The Hut Group (THG) experienced earlier this year. According to Sky News, the company which was created by Arron and David Gabbie, is in talks with investment bank GCA Altium…
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Nov- 2020 -17 NovemberNews
The Hut Group CEO to receive £830m shares payout
The Hut Group (THG) CEO Matthew Moulding is set to receive an £830m shares payout after the company’s share price increased significantly triggering a bonus clause. According to The Guardian, Moulding will receive the payout after the “market value of the company’s shares breached certain levels” that were set during…
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Oct- 2020 -26 OctoberOnline & Digital
Hut Group raises forecast amid ‘strong’ trading period
The Hut Group has announced that group revenue soared by 38.6% to £378.1m in the three months ended 30 September 2020. This represents an acceleration against the reported H1 2020 revenue growth rate of 35.8%. In the same period, direct-to-consumer online revenues surged by 51.3% to £320.2m year-on-year, compared to…
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