THG
This coverage examines THG’s (The Hut Group) operations and strategy within the UK retail and e-commerce sectors, focusing on brand portfolio management, technology platforms, logistics, financial performance, and leadership decisions. Reporting provides insight into how THG scales its digital and consumer goods businesses — supporting executives, managers, and professionals in e-commerce, health, beauty, and technology-driven retail.
-
Jan- 2022 -18 JanuaryHealth & Beauty
Hut Group revenues hit ‘record’ £2.2bn in FY21
The Hut Group has seen its full-year revenues soar 91% on a two-year basis, with sales hitting a “record” £2.2bn following a year of investment into its infrastructure, technology and M&A. It comes as revenue in its golden quarter topped £712m, rising by 92% on a two-year basis, with particularly…
Read More » -
10 JanuaryOnline & Digital
THG hands FCA dossier on ‘irregular’ trading claims
THG has reportedly handed over a dossier to the financial watchdog the FCA which it hopes will prove that it experienced a coordinated attack on its share price. According to The Times, THG has passed over data that it believes indicates irregular stock market trading and short-selling. The paper also…
Read More » -
Dec- 2021 -17 DecemberOnline & Digital
Matalan partners with The Hut Group in new digital drive
Matalan has partnered with THG Ingenuity in a bid to accelerate its digital drive and support “extensive” online growth, in what is the first leg of a multiyear investment roadmap. The latest partnership with THG Ingenuity is said to represent a new and strategic alliance that will see the introduction…
Read More » -
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…
Read More » -
Oct- 2021 -18 OctoberEconomy
The Hut Group owner surrenders golden share to reassure investors
Matthew Moulding, the boss and founder of the online beauty, nutrition and technology services group The Hut Group, is set to give up his golden share in the company in a bid to reassure investors. It was reported that The Hut Group, which floated just over a year ago, will…
Read More » -
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…
Read More » -
Sep- 2021 -21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
Read More » -
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…
Read More » -
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…
Read More » -
Jul- 2021 -19 JulyHealth & Beauty
Sephora agrees £132m Feelunique takeover deal
French cosmetics group Sephora has reportedly agreed a takeover deal with Jersey-based beauty retailer Feelunique for £132m. According to ITV News, the deal will include Feel Unique’s online arm as well as its three Channel Islands stores. The deal marks an expansion into the UK by the LVMH owned cosmetics…
Read More »
