All THG (The Hut Group) articles – Page 2
-
NewsTHG partners with firm for new retail media offering
THG Ingenuity and THG Beauty Media have partnered with a firm on a new retail media network, Retail Week can reveal.
-
NewsTHG revenue slips following Ingenuity demerger
THG has reported a decline in sales following its demerger from the group’s technology division, Ingenuity.
-
NewsTHG rejects ‘undervalued’ takeover proposal for Myprotein
THG has rejected a takeover proposal from Selkirk to acquire its Myprotein brand as it “fundamentally undervalued” the brand and its future prospects.
-
Innovation of the WeekInnovation round-up: Crime-fighting trolleys, cornflakes and cleaning up beauty
Here we bring you the 10 best innovations that caught our attention in the first quarter of 2025.
-
NewsTHG completes refinancing package
The ecommerce company has completed debt refinancing through to December 2029.
-
NewsTHG completes £90m fundraise to support ‘strategic growth targets’
THG has completed a £90m fundraiser as it requested a debt refinancing and equity raise to support “strategic growth targets.”
-
Innovation of the WeekTHG Studios launches new AI tool for image creation
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
-
NewsTHG’s creative agency has appointed a new senior vice president
THG Studios, the creative agency part of THG Ingenuity, has appointed a new senior vice president to “spearhead growth”.
-
FeatureAutomation: What does retail look like in a post-Budget world?
As retail navigates a world post-Budget, Retail Week looks at who is looking at automation as an aid, and how this will impact both customers and millions in the workforce.
-
NewsHomebase owes unsecured creditors including retailers over £650m
Homebase owes more than £650m to unsecured creditors following its collapse into administration last November.
-
NewsTHG posts sales dip but remains on track for full year after Ingenuity split
Ecommerce giant THG, which owns the likes of Look Fantastic, MyProtein, and Cult Beauty, has reported a dip in sales for the fourth quarter but said it expects full year adjusted EBITDA to be “in line” with expectations in its first update since demerging its technology platform Ingenuity.
-
NewsTHG Ingenuity has appointed a new chief commercial officer
THG Ingenuity has hired a new chief commercial officer to grow the group’s “growth agenda” following the demerger from THG PLC.
-
AnalysisHow nine retailers are supercharging their marketing with AI
This deep dive is the fifth in our ‘Consumer 2025 – from acquisition to advocacy’ series.
-
NewsLookfantastic’s beauty AI tool set to generate a spike in sales over Black Friday
THG-owned Lookfantastic expects its beauty AI tool to generate a spike in sales over Black Friday as it has seen a surge in users since its launch last year.
-
InterviewQ&A: THG Nutrition chief executive Neil Mistry explains why the Myprotein rebrand is the solution to declining sales
Retail Week speaks to THG Nutrition’s chief executive Neil Mistry about the recent Myprotein rebrand, striking retail partnerships with giants like WHSmith and Holland & Barrett, and how he’s trying to turn around declining sales.
-
NewsPeel Hunt downgrades profit forecasts for six retailers due to Budget impact
Investment bank Peel Hunt has downgraded its profit forecasts for six retailers, including struggling fast fashion player Boohoo and cycling and motoring specialist Halfords, due to the effects of changes to national insurance made in the recent Budget.
-
AnalysisRetail 2025: AI investment a top priority for next year, say retail bosses
Investment in AI will be central to retail strategies next year, with 35 CEOs revealing to Retail Week they are spending on various applications of the tech in a major new research paper.
-
Retail Navigator AnalysisTHG (Financials)
THG has grown rapidly since its inception over a decade ago. Although sales fell in its latest financial year amid “challenging conditions across the globe”, losses narrowed at pre-tax and operating levels as THG exited non-profitable categories and clinched a stronger margin performance.
-
Retail Navigator AnalysisTHG (Strategy)
THG plans to take Ingenuity private, separating it from the rest of the group, simplifying the business model. The rest of the group – THG RemainCo – will include the core nutrition and beauty arm.
-
AnalysisTHG’s Ingenuity demerger explained and what it means for the rest of the business
As THG demerges its Ingenuity division, Retail Week examines what this means for the online retail giant