All THG (The Hut Group) articles – Page 3
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AnalysisLookfantastic looks ahead to eight beauty trends for 2024
From glass haircare to skincare brands catering for Gen Alpha, THG-owned pureplay beauty retailer Lookfantastic reveals eight of the biggest trends that will shape the world of beauty in 2024.
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NewsExclusive: THG orders staff back to office five days a week
Ecommerce giant THG has ordered all its Manchester head office staff to return to the office five days a week, Retail Week can reveal.
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NewsTHG acquires US skincare brand for $20m
THG, which owns Lookfantastic and Cult Beauty, has acquired skincare brand Biossance from US biotechnology group Amyris Inc for $20m (£15.8m).
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Opinion‘Founders rarely make effective chief executives’
Successful company founders need to know what they are good at and what should be left to more experienced managers, argues Clarity’s Fran Minogue
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AnalysisRetail 2024: How eBay, THG and The Fragrance Shop are investing in green initiatives
Top retail bosses have given exclusive interviews to Retail Week, revealing their sustainability strategies featured in Retail 2024, our annual flagship report.
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NewsTHG recovery builds after a ‘best ever’ performance by MyProtein
THG, which owns brands including Lookfantastic, Cult Beauty and MyProtein, has posted a steady rise in revenue as it maintained its profit guidance for the year ahead.
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NewsTHG explores taking MyProtein public in the US
THG, which owns Lookfantastic and Cult Beauty, is exploring plans to list MyProtein, its nutritional arm, in the US.
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AnalysisWhere THG, Jigsaw, Hawes & Curtis and Richer Sounds are investing in 2024
Store experience, digital marketing and AI will dominate investment strategies next year, say the bosses of the UK’s largest retailers in the Retail 2024 report.
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NewsTHG commits to sustainability targets after government U-turn
THG, which owns brands like Lookfantastic, Cult Beauty and MyProtein, has announced its net-zero targets have been validated by the Science Based Targets Initiative (SBTi).
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NewsTHG losses deepened by one-off disposal costs
THG operating losses deepened due to a one-off, non-cash charge related to the sale of its loss-making business, but the retailer says the disposal has improved its overall financial guidance.
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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
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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.
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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.
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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.
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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.
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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.
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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”.
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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
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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.
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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.
