All THG (The Hut Group) articles – Page 3
-
AnalysisWhat does THG see in old media after snapping up City AM?
In a move that surprised many observers, health and beauty retailer THG has snapped up business newspaper City AM, saving it from insolvency in an eleventh-hour deal. How does the paper fit in with the rest of THG’s business? Retail Week finds out
-
NewsTHG snaps up business newspaper City AM
THG, which owns brands such as Lookfantastic and MyProtein, has snapped up London-based business newspaper City AM in an 11th-hour deal to save the newspaper from the brink of insolvency.
-
DataFashion Forward: The top 30 fashion retailers by 2026
Fashion retail has experienced a turbulent time, but retailers investing in elevation, partnerships, acquisitions and focused transformation are set to win. Our Retail Week analysts reveal which retailers will lead the sector in 2026.
-
NewsTHG offloads OnDemand division to management to focus on core operations
Online group THG has sold its OnDemand business – which includes entertainment specialist Zavvi – to the division’s management.
-
NewsTHG’s Matt Moulding eyes potential sale of head office
Matt Moulding, chief executive of THG, which owns brands like Lookfantastic and Myprotein, is weighing up the sale of its headquarters, located at Manchester’s Icon business park.
-
NewsExclusive: THG Beauty to launch expert skincare destination on Lookfantastic
THG, the retail group that owns premium beauty marketplace Lookfantastic, is set to launch an expert skincare destination on the website, Retail Week can reveal.
-
NewsTHG predicts increase in profitability ahead of AGM
THG says it expects an increase in profitability in the first half of 2023 as it continues its “successful focus on profitability and cash generation”.
-
InterviewQ&A: THG Beauty’s Lucy Gorman on why the opportunities for growth are online
Retail Week talks to THG Beauty chief executive Lucy Gorman about the future of direct-to-consumer businesses, loyalty schemes and her time at the business
-
NewsTHG Ingenuity partners with PwC to drive digital growth
THG’s tech arm Ingenuity has announced a strategic alliance with international professional services brand PwC to drive digital growth and enhance online customer experience.
-
NewsTHG faces push back from shareholders over ‘unjustified’ salary of new CFO
THG will face a shareholder dispute over the “unjustified” salary of new chief financial officer Damian Sanders at its annual general meeting later this month.
-
NewsTHG ends takeover talks with Apollo claiming offer lacks ‘merit’
THG has terminated all discussions about a possible takeover with private equity firm Apollo Global Management, claiming there was “no longer any merit in continuing to engage”.
-
NewsApollo enlists former Coty and Holland & Barrett bosses to advice on THG buyout
Private equity firm Apollo Global Management has recruited former Coty boss Camillo Pane and former Holland & Barrett chief executive Tony Buffin to advise on a THG buyout.
-
NewsKelso increases stake in THG as it praises nutritional business
Private equity firm Kelso Group Holdings has acquired further shares in THG as it praised “the significant intrinsic value of the nutrition business”.
-
NewsTHG enjoys sales growth but misses downgraded earnings guidance
THG has reported an increase in revenue but missed its downgraded EBITDA expectations.
-
NewsTHG shares surge off the back of private equity buyout approach
THG shares have surged after the retailer confirmed it received “a highly preliminary and non-binding indicative proposal” for a buyout from private equity firm Apollo Global Management.
-
NewsTHG strikes 10-year partnership with ecommerce retailer Maximo Group
THG has announced a 10-year strategic partnership with beauty ecommerce retailer Maximo Group, which owns sites such as allbeauty.com and fragrancedirect.co.uk.
-
NewsRetailers reassure on financing following Silicon Valley Bank collapse
Retailers have reassured investors that operations and trading will be unaffected by the crisis at Silicon Valley Bank’s UK arm.
-
NewsTHG launches buy now, pay later scheme
THG has launched a new buy now, pay later scheme in partnership with Newpay, a digital credit account.
-
NewsTHG appoints new finance boss as Gallemore switches roles
Online retailer THG has named a new chief financial officer as the previous postholder John Gallemore changes responsibilities.
-
Opinion‘Don’t write off the pureplays, despite a Christmas shocker’
As store shutters slammed down during lockdowns, some wrote off the likelihood of a bricks-and-mortar recovery. Now the same gloom has descended over pureplays. It was proven wrong then and it will be proved wrong now.