THG is an ecommerce business that sells own-brand and third-party products covering health and beauty, fashion, accessories and sport across hundreds of websites. The business was founded in 2004 as The Hut Group and originally focused on entertainment retailing. THG has also built up its B2B service offering into its all-encompassing Ingenuity platform, offering retailers everything from an ecommerce solution to digital content production. It also owns the City AM newspaper. Retail Week provides news, analysis, features and opinion about THG and the health and beauty sector.
THG has warned on profits for the first half of the year, at the same time as announcing it has divested one of its nutrition suppliers after receiving a “highly competitive offer”.
The Manchester-based sports nutrition and supplements brand will begin stocking a curated range of products in US retail giant Walmart from August 8, as it looks to cement its growth in the American market.
THG Ingenuity and THG Beauty Media have partnered with a firm on a new retail media network, Retail Week can reveal.
THG has reported a decline in sales following its demerger from the group’s technology division, Ingenuity.
THG has rejected a takeover proposal from Selkirk to acquire its Myprotein brand as it “fundamentally undervalued” the brand and its future prospects.
Advertisement
