THG sales dip as devalued yen hits nutrition business

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THG has reported a dip in sales for the first quarter as its nutrition business proved to be a drag on surging beauty sales.

For the three months ending March 31, 2024, THG total revenues slipped to £459.9m, a 2% fall year on year, driven by a 9% fall in THG Nutrition sales to £150.8m.

 

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