Aankondiging • Apr 08
THG Plc, Annual General Meeting, Jun 24, 2026 THG Plc, Annual General Meeting, Jun 24, 2026. Location: thg studios, 7 9 sunbank lane, altrincham wa15 0af, United Kingdom Aankondiging • Mar 26
THG Plc to Report Fiscal Year 2025 Results on Mar 26, 2026 THG Plc announced that they will report fiscal year 2025 results on Mar 26, 2026 Aankondiging • Jan 16
THG PLC Announces Board Committee Changes THG PLC announced that, following a review of Board Committee membership, independent Non-Executive Director Milyae Park will replace Sue Farr, Senior Independent Director, as Chair of its Sustainability Committee with effect from January 26, 2026. Sue Farr will remain as a member of the Sustainability Committee. Aankondiging • Oct 14
THG plc Provides Revenue Guidance for Second Half of 2025 THG Plc provided revenue guidance for Second Half of 2025. For the period, company expected to deliver a revenue guidance of THG Beauty +1.0% to +3.0%, THG Nutrition +10.0% to +12.0%, With an implied Group performance of +3.9% to +5.9%. Aankondiging • Sep 12
THG Plc Reaffirms Revenue Guidance for the Second Half of Fiscal Year Ended 31 December 2025 THG Plc reaffirmed revenue guidance for the second half of fiscal year ended 31 December 2025. Strongest trading performance of fiscal year 2025 so far in third quarter, with guidance unchanged: THG Beauty expected to deliver second half of 2025 revenue growth of +1.0% to +3.0% (first half 2025: -5.9%). THG Nutrition expected to deliver second half revenue growth of +10.0% to +12.0% (first half 2025: +3.1%). Aankondiging • Sep 11
THG Plc to Report First Half, 2025 Results on Sep 11, 2025 THG Plc announced that they will report first half, 2025 results on Sep 11, 2025 Aankondiging • Aug 07
Aromatagroup Srl agreed to acquire Claremont Ingredients Limited from THG Plc (LSE:THG) for approximately £100 million. Aromatagroup Srl agreed to acquire Claremont Ingredients Limited from THG Plc (LSE:THG) for approximately £100 million on August 6, 2025.
For the period ending December 31, 2024, Claremont Ingredients Limited reported total revenue of £14 million. Aankondiging • Jul 10
THG Plc Announces Board and Committee Appointments THG Plc announced that, following a review of Board Committee membership, independent Non-Executive Director Milyae Park, who was appointed to the Board on 28 January 2025, is appointed as a member of the Company's Audit and Risk Committees with immediate effect, and as a member of its Sustainability Committee with effect from 23 May 2025. The Company further announces that independent Non-Executive Director Helen Jones, who was appointed to the Board on 21 June 2023, will become the Company's designated Non-Executive Director for workforce engagement with immediate effect. Aankondiging • Jun 25
THG plc Provides Revenue Guidance for Second Quarter of 2025 THG Plc provided revenue guidance for Second quarter of 2025. For the quarter, THG Beauty is expected to deliver a revenue decline of between -2.0% and -3.0% (first quarter: -9.8%). THG Nutrition revenue growth is expected to be between +5.0% and +7.0% (first quarter 2025: +0.1%), with the business growing at its fastest rate since first quarter of 2022. Aankondiging • Apr 30
THG Plc, Annual General Meeting, Jun 25, 2025 THG Plc, Annual General Meeting, Jun 25, 2025. Location: thg studios, 7 9 sunbank lane, altrincham wa15 0af, United Kingdom Aankondiging • Apr 29
THG Plc Maintains Earnings Guidance for the Year 2025 THG Plc maintained earnings guidance for the year 2025. For the year, the company expects revenue growth expectations of mid-single digit for the year, given continued confidence in underlying trading and prestige beauty demand across the home markets. Aankondiging • Mar 27
THG Plc has completed a Follow-on Equity Offering in the amount of £22.134446 million. THG Plc has completed a Follow-on Equity Offering in the amount of £22.134446 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 68,527,697
Price\Range: £0.323
Transaction Features: Regulation S; Rule 144A; Subsequent Direct Listing Aankondiging • Mar 25
THG Plc has filed a Follow-on Equity Offering. THG Plc has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 91,855,591
Transaction Features: Regulation S; Rule 144A; Subsequent Direct Listing Aankondiging • Jan 28
THG plc Announces Appointment of Milyae Park as Independent Non-Executive Director THG Plc announced that Milyae Park has been appointed as an independent Non-Executive Director of THG with immediate effect. Milyae joins THG following a long and successful career in digital and ecommerce transformation at FTSE 100 and FTSE 250 companies including Tesco and Marks & Spencer. Since launching a portfolio career in 2019, she now serves as Non-Executive Director of Alliance Witan PLC, Faber and Faber Ltd. and Fidelity European Trust PLC. She is a Member of the Audit and Risk Committee, Nomination Committee and Marketing Oversight Group at Alliance Witan PLC. In addition, at Fidelity European Trust, she serves as a member of the Management Engagement Committee, Audit and Risk Committee and Nomination Committee. Milyae also previously served as the Chair of the Museum of London (Trading) Ltd, alongside Governor, Brand and Digital Champion roles with the London Museum. Aankondiging • Jan 20
THG Plc to Report Q4, 2024 Results on Jan 23, 2025 THG Plc announced that they will report Q4, 2024 results on Jan 23, 2025 Recent Insider Transactions • Nov 04
Independent Non-Executive Chair recently bought €297k worth of stock On the 30th of October, Charles Allen bought around 542k shares on-market at roughly €0.55 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Charles' only on-market trade for the last 12 months. Reported Earnings • Sep 19
First half 2024 earnings released: UK£0.08 loss per share (vs UK£0.10 loss in 1H 2023) First half 2024 results: UK£0.08 loss per share (improved from UK£0.10 loss in 1H 2023). Revenue: UK£934.0m (down 3.6% from 1H 2023). Net loss: UK£121.2m (loss narrowed 8.9% from 1H 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Aankondiging • Sep 12
THG Plc to Report First Half, 2024 Results on Sep 17, 2024 THG Plc announced that they will report first half, 2024 results on Sep 17, 2024 Aankondiging • May 22
Kelso Group Holdings Provides Information to Shareholders of THG Plc On May 21, 2024, Kelso Group Holdings Plc stated that it remains firmly convinced that the sum of the parts valuation of the THG Plc continues to significantly exceed the current market capitalization, with its shares trading at a significant discount, and Kelso Group reiterated its strong belief that this discount would narrow significantly if the Comany moved from the Standard List to the premium List and clarified the Company's future structure. In addition, Kelso Group stated its voting intentions ahead of the annual general meeting, that it plans to vote against the resolution to re-elect Charles Allen, at the 2024 annual meeting of shareholders scheduled to be held on June 24, 2024. Recent Insider Transactions • May 15
CFO & Director recently bought €231k worth of stock On the 9th of May, Damian Sanders bought around 313k shares on-market at roughly €0.74 per share. This transaction increased Damian's direct individual holding by 14x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Damian's only on-market trade for the last 12 months. Aankondiging • May 01
THG Plc, Annual General Meeting, Jun 24, 2024 THG Plc, Annual General Meeting, Jun 24, 2024. Reported Earnings • Apr 10
Full year 2023 earnings released: UK£0.19 loss per share (vs UK£0.44 loss in FY 2022) Full year 2023 results: UK£0.19 loss per share (improved from UK£0.44 loss in FY 2022). Revenue: UK£2.05b (down 8.7% from FY 2022). Net loss: UK£248.4m (loss narrowed 54% from FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. New Risk • Apr 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£94m net loss in 2 years). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). New Risk • Apr 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£100m net loss in 2 years). Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding). Aankondiging • Mar 15
Iain Mcdonald Announces Intention to Step Down as A Non-Executive Director of THG PLC At the End of March 2024 The Board of THG PLC announced that Iain McDonald has informed the Board of his intention to step down as a Non-Executive Director at the end of March 2024, shortly after his fourteenth anniversary as a THG Director. Iain is both a highly-valued and experienced member of THG's Board, who has overseen the Group's growth and evolution into a global leader in three major categories - Beauty, Nutrition and Technology. Following Iain's departure, the Board will be comprised of three Executive Directors and six Non-Executive Directors, five of whom (including the Chair) are deemed to be independent. Aankondiging • Oct 17
THG Plc Reaffirms Revenue Guidance for Full Year 2023 THG Plc reaffirmed revenue guidance for full year 2023. For the year, the company provided revenue guidance of 0% to -5% remains unchanged. Reported Earnings • Sep 17
First half 2023 earnings released: UK£0.10 loss per share (vs UK£0.09 loss in 1H 2022) First half 2023 results: UK£0.10 loss per share (further deteriorated from UK£0.09 loss in 1H 2022). Revenue: UK£969.3m (down 9.3% from 1H 2022). Net loss: UK£133.1m (loss widened 25% from 1H 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Multiline Retail industry in Europe. Aankondiging • Sep 01
THG Plc to Report First Half, 2023 Results on Sep 14, 2023 THG Plc announced that they will report first half, 2023 results on Sep 14, 2023 Aankondiging • Jul 28
THG Plc (LSE:THG) agreed to acquire City A.M. Ltd. THG Plc (LSE:THG) agreed to acquire City A.M. Ltd. on July 26, 2023. The post-deal business will be purchased in a pre-pack deal from appointed administrators BDO. The acquisition will see City A.M.’s 40 editorial and commercial staff join the THG Group. The deal would mark the end of one chapter for City A.M., with co-founder and longtime CEO Jens Torpe retiring from the business with the conclusion of the deal. Aankondiging • Jul 27
THG in Talks over Deal to Buy City AM Online retail group THG Plc (LSE:THG) is in talks over a surprise deal to buy business newspaper City A.M. Ltd. The London-based newspaper was put up for sale earlier this month after it was impacted significantly by the pandemic and a reduction in commuter numbers into the capital. It is understood that THG, which owns online retail brands including MyProtein and Cult Beauty, is seeking to purchase the business in a pre-pack administration process. THG declined to comment. The proposed takeover could be confirmed as soon as July 26, 2023 afternoon, according to Sky News, which first reported the move. It is understood that City AM and its owners have been working with advisers from corporate finance firm BDO regarding the insolvency process. The business publication is half-owned by two Dutch private investors, while chief executive Jens Torpe and managing director Lawson Muncaster also own about a quarter. City AM is distributed from about 400 travel hubs and commuter locations, as well as about 1,600 London offices. The move would be widely seen as a slightly new direction for THG, which primarily runs ecommerce brands and platforms for third parties. It is understood that any deal would secure editorial independence at City AM and secure the future of its roughly 40-strong workforce. THG would be expected to deepen relationships between its Ingenuity ecommerce platform business and media buying agencies. The group also holds content syndication partnerships with firms including Google and Bloomberg. Aankondiging • Jul 25
Management team led by Leigh Amery and is funded by Gordon Brothers acquired OnDemand Division of THG Plc (LSE:THG) for £3 million. Management team led by Leigh Amery and is funded by Gordon Brothers acquired OnDemand Division of THG Plc (LSE:THG) for £3 million on July 21, 2023. In a related transaction the company has also agreed to sell its specialist provider of cycling equipment, ProBikeKit, to Frasers Group in a combined deal worth around £4 million. THG will remain close partners with both the OnDemand management team and Frasers Group through continued Ingenuity services. The new company will continue to be a client of Ingenuity, with the provision of technology, operational and digital services. THG OnDemand and ProBikeKit made combined losses of £14.6m in 2022.Management team led by Leigh Amery and is funded by Gordon Brothers completed the acquisition of OnDemand Division of THG Plc (LSE:THG) on July 21, 2023. Aankondiging • Jul 09
LCN Capital Partners, L.P. acquired Manchester Airport hangar from THG Plc (LSE:THG). LCN Capital Partners, L.P. acquired Manchester Airport hangar from THG Plc (LSE:THG) on July 7, 2023.LCN Capital Partners, L.P. completed the acquisition of Manchester Airport hangar from THG Plc (LSE:THG) on July 7, 2023. Recent Insider Transactions • Jun 25
COO & Executive Director recently bought €521k worth of stock On the 21st of June, John Gallemore bought around 579k shares on-market at roughly €0.90 per share. This transaction increased John's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Aankondiging • Jun 21
THG Plc Announces Board Changes THG PLC announced that Helen Jones has been appointed independent Non-Executive Director of THG with immediate effect. Helen is an experienced Non-Executive director, having had a long and successful career building premium food and beverage brands across FMCG and multi-site hospitality, both in the UK and internationally. Having embarked on her portfolio career in 2014, Helen currently serves as the Chair of the Remuneration Committee at Premier Foods plc, Virgin Wines plc and Fuller, Smith and Turner plc. She is a Member of the Audit Committee at both Virgin Wines plc and Fuller, Smith and Turner plc, also serving as a Member of the Nominations Committee. Additionally, Helen acts as the Workforce Engagement Non-Executive Director for both Premier Foods plc and Fuller, Smith and Turner plc. In addition, Helen currently holds the role of Senior Independent Director and is a member of the Audit, Nomination and Remuneration Committees at Halfords Group plc. In 2021, she stepped down as Vice Chair of the Ben & Jerry's Independent Board of Directors USA, a role she undertook following an extensive career leading the expansion of the brand in Europe. Separately, Iain McDonald informed the Board of his decision to step down from the Remuneration Committee to focus on his other THG commitments, primarily as Chair of the Sustainability Committee and member of the Nomination Committee. Aankondiging • May 13
THG Announces Termination of Discussions with Apollo On 17 April 2023, THG Plc (LSE:THG) announced that it was in receipt of a highly preliminary and non-binding indicative proposal from Apollo Global Management, Inc. (NYSE:APO) (Apollo) on behalf of certain of its affiliated funds, to acquire the entire issued and to be issued share capital of THG (Indicative Proposal). Following receipt of the Indicative Proposal, the Board of THG entered into a short period of discussion with Apollo to provide it with an opportunity to improve the proposed valuation and confirm the structure of its Indicative Proposal. It has become clear to the Board, supported by shareholders representing a majority of THG's issued share capital, that there is no longer any merit in continuing to engage with Apollo. Consideration and rejection of the Indicative Proposal has been on a basis consistent with all previous offers for the Company, some a matter of public record, which were also rejected based upon inadequate valuations and the nature of those offer structures. Having discussed with its financial and legal advisors, the Board has unanimously determined that it is not in the best interest of THG shareholders to seek an extension to the deadline set out in the Company's announcement dated 17 April 2023, as permitted by Rule 2.6(c) of the Code, and, consequently, it has terminated all discussions with Apollo. "THG's Board, in accordance with its fiduciary obligations and as demonstrated with its recent engagement with Apollo, will always give due consideration to all potential options which provide the opportunity to maximise value to THG's shareholders. The Board remains fully confident in THG's strategic direction and long-term prospects as an independent company. As stated in our recent results, with a strong balance sheet and category leading positions within substantial global end markets that continue to benefit from long-term structural growth, we have confidence in our ability to deliver long-term value for shareholders and remain on track to be cashflow positive in 2024". As stated in the announcement dated 17 April 2023 and in accordance with Rule 2.6(a) of the Code, Apollo is required, by not later than 5.00 p.m. (London time) on 15 May 2023, to do one of the following: (i) announce a firm intention to make an offer for THG in accordance with Rule 2.7 of the Code; or (ii) announce that it does not intend to make an offer for THG, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Reported Earnings • Apr 19
Full year 2022 earnings released: UK£0.44 loss per share (vs UK£0.13 loss in FY 2021) Full year 2022 results: UK£0.44 loss per share (further deteriorated from UK£0.13 loss in FY 2021). Revenue: UK£2.24b (up 2.7% from FY 2021). Net loss: UK£540.0m (loss widened 291% from FY 2021). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Multiline Retail industry in Europe. Board Change • Jan 26
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Interim Senior Independent Director Dean Moore was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 16
First half 2022 earnings released: UK£0.09 loss per share (vs UK£0.06 loss in 1H 2021) First half 2022 results: UK£0.09 loss per share (further deteriorated from UK£0.06 loss in 1H 2021). Revenue: UK£1.08b (up 12% from 1H 2021). Net loss: UK£106.4m (loss widened 30% from 1H 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Online Retail industry in Germany. Board Change • Aug 19
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Chair Charles Allen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Chair Charles Allen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 22
Full year 2021 earnings released: UK£0.13 loss per share (vs UK£0.66 loss in FY 2020) Full year 2021 results: UK£0.13 loss per share (up from UK£0.66 loss in FY 2020). Revenue: UK£2.18b (up 35% from FY 2020). Net loss: UK£138.1m (loss narrowed 74% from FY 2020). Over the next year, revenue is forecast to grow 22%, compared to a 40% growth forecast for the retail industry in Germany. Board Change • Apr 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Chair Charles Allen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 18
Thg plc Provides Earnings Guidance for the Full Year 2022 THG Plc provided earnings guidance for the full year 2022. For the period, the company's revenue guidance is £108.0 million - £112.0 million. Board Change • Dec 19
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Tiffany Hall was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 07
Non-Executive Director recently bought €124k worth of stock On the 5th of October, Iain McDonald bought around 25k shares on-market at roughly €4.97 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Aankondiging • Aug 05
THG Plc (LSE:THG) has agreed to acquire Cult Beauty Ltd. from private majority shareholders investor Mark Quinn-Newall and Alexia Inge for approximately £280 million. THG Plc (LSE:THG) has agreed to acquire Cult Beauty Ltd. from private majority shareholders investor Mark Quinn-Newall and Alexia Inge for approximately £280 million on August 4, 2021. The consideration is cash and debt-free basis. Aankondiging • May 12
THG Plc (LSE:THG) entered into an agreement to acquire Bentley Laboratories Llc from Brian Fitzpatrick and The Riverside Company for approximately $260 million. THG Plc (LSE:THG) entered into an agreement to acquire Bentley Laboratories Llc from Brian Fitzpatrick and The Riverside Company for approximately $260 million on May 10, 2021. The consideration is cash and debt-free basis. The transaction will be financed from the proceeds of a private placement for $1 billion comprising $730 million from from SBM subscribing for 86.6 million shares at 596 pence each, and a placing to raise $270 million through the issue of 32.0 million shares at the same price per share. The transaction is subject to US Regulatory approval and expected to complete within 30 days. Guggenheim Securities, LLC is acting as exclusive financial advisor to Bentley in the transaction. Reported Earnings • Apr 17
Full year 2020 earnings released: UK£0.66 loss per share (vs UK£10.94 loss in FY 2019) The company reported a mediocre full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: UK£1.61b (up 42% from FY 2019). Net loss: UK£532.6m (loss widened UK£489.6m from FY 2019). Aankondiging • Mar 10
Live Verdure Limited Announces Transformative Strategic Partnership with THG plc Live Verdure Limited announced a transformative strategic partnership with THG plc. The oil produced by pressing hemp seeds contains lipids that closely mimic the lipids found in human skin. These lipids are important to the moisturising and hydration of the skin. Importantly, hemp seeds and hemp seed oil also contain anti-inflammatory properties that can be used topically, allowing for a wide variety of skincare uses and applications. LV1 has expanded its knowledge to begin the development of a range of hemp skincare and beauty products to be launched under the 8 Seeds brand. LV1 will now collaborate with THG to launch 8 Seeds - globally. By 2025, the global skincare market is estimated to be USD 189.3 billion, expanding at a CAGR of 4.4%. Increasing demand for natural, herbal, and organic skincare products that have no adverse effects is also expected to boost the market growth3 further. LV1 believes 8 Seeds' initial range of 5 Skin Care SKUs, with hemp oil as its hero ingredient, will be perfectly suited to leverage this market growth. Aankondiging • Jan 06
The Hut Group Selects SoftIron's for Eco-Friendly, Mission-critical Enterprise Storage SoftIron Ltd. announced that has selected SoftIron's HyperDrive® as the storage backbone for its global THG Ingenuity e-commerce platform. The company cites SoftIron's task-specific approach to (open source software-defined storage software) Ceph, ease of use and efficiency as critical determinations for the selection. SoftIron's Ceph-optimized storage solution, HyperDrive, tackles mission-critical issues such as scalability, resiliency, and cloud-native flexibility, while also excelling in power, performance, and efficiency. The implementation helps the e-commerce giant achieve a resilient, agile infrastructure to power its world-leading retail platform while retaining its CarbonNeutral® certification and avoiding vendor lock-in. The integration of SoftIron's HyperDrive comes as THG prepares for growth after raising £1.88 billion in its initial public offering (IPO) in September 2020 - the largest UK IPO on record. With plans to scale globally, THG has built a state-of-the-art e-commerce platform called THG Ingenuity that delivers enterprise-class scalability and resiliency, is cloud-native, provides superior efficiency and exists within its carbon-neutral THG Eco initiative. As THG grows and the trend towards more edge infrastructure deployments gains momentum, Schalk and his team will continue to add to their 24 data centers across the UK, Europe, USA, and Asia. Aankondiging • Dec 30
THG Holdings plc (LSE:THG) agreed to acquire DermStore, LLC from Target Corporation (NYSE:TGT) for $350 million. THG Holdings plc (LSE:THG) agreed to acquire DermStore, LLC from Target Corporation (NYSE:TGT) for $350 million on December 29, 2020. The deal is subject to regulatory approval in the United States. Antitrust clearance is expected to be received in late January 2021. Aankondiging • Nov 17
THG Holdings plc Appoints Damian Sanders as an Independent Non-Executive Director, Chair of the Remuneration Committee THG Holdings plc announced the appointment of Damian Sanders as an Independent Non-Executive Director of the Group. He will join the Board and take up the position of Chair of the Remuneration Committee with immediate effect. In October this year, Damian was appointed as an independent special advisor to the Board's Audit & Risk committee and he will remain on this committee in his new capacity as an Independent Non-Executive Director. Damian was until recently a Senior Audit Partner at Deloitte in Manchester and a member of Deloitte's North West Leadership Team. In August this year, Damian was appointed to the Board of Cineworld plc as an Independent Non-Executive Director. The Board announce that, in addition to this appointment, it will appoint its fourth Independent Non-Executive Director, within the 12 months following its successful IPO and admission as a public listed company. Aankondiging • Oct 27
THG Holdings plc Raises Revenue Guidance for the Financial Year 2020 THG Holdings plc raised revenue guidance for the year 2020. The Group guided to financial year 2020 revenue of £1.43 billion, representing a growth rate of +25%. However, following the Group's strong third quarter performance and continued momentum so far in fourth quarter, the Group is raising financial year 2020 revenue guidance to a range of £1.48 billion to £1.52 billion (+30% to +33%). Aankondiging • Oct 04
THG Holdings plc Announces Partnership with Hotel Chocolat THG Ingenuity announced a five-year partnership with Hotel Chocolat, the UK based luxury chocolatier. The agreement will launch the brand's direct-to-consumer (DTC) offering in the United States, with the retailer accessing the full suite of services offered by THG Ingenuity. This digital partnership aligns Hotel Chocolat's expansion strategy into the US market with THG Ingenuity's cross-border expertise. THG Ingenuity will provide its enablement platform to the premium retailer, along with digital brand services and a complete fulfilment solution including chilled storage distribution. With the US Cocoa and Chocolate Market set to reach $67.22 billion by 2025 this new partnership will ensure Hotel Chocolat is well positioned to meet increased demand. By offering a DTC platform, the brand can build a more personalised relationship with its US-based customers and has the potential to generate a long-term, sustainable presence online. THG Ingenuity's brand-building services will also provide trading and marketing expertise as well as performance solutions and technological support. THG Ingenuity's chilled fulfilment network offers the option for product personalisation as well as the use of several US warehouses to offer favourable delivery times to customers across the region. This network includes capabilities for customers based in New York and Los Angeles with next-day delivery available across both the east and west coast. In this new partnership, THG Ingenuity will deliver the following benefits: A proprietary, end-to-end platform with fully integrated trading, merchandising, marketing modules, real-time data feeds and a single customer view; Multiple THG fulfilment centres across the US, including California, Texas, Kentucky, and Florida; In-house digital marketing services across proprietary marketing and influencer platforms, which includes access to a network of over 10,000 active influencers (THG Society); Proprietary fraud prevention platform, featuring device fingerprinting, data matching against known fraud, API capability and business intelligence tools (THG Detect); International customer service, with integrated translation services and with communication via email, live chat, iMessage, WhatsApp, Weibo, ABC, Revoo and other local platforms. Aankondiging • Oct 01
THG Holdings plc (LSE:THG) acquired NV Perricone LLC for $60 million. THG Holdings plc (LSE:THG) acquired NV Perricone LLC for $60 million on September 30, 2020. THG Holdings has acquired NV Perricone for a 1x continuing sales multiple. Pursuant to this acquisition, Perricone MD will join the THG Holdings Beauty portfolio of own brands, which includes ESPA, Christophe Robin, Grow Gorgeous, Illamasqua, Mio Skincare, Mama Mio, Eyeko and Ameliorate. Immediately post acquisition, THG will launch Perricone MD on its THG Ingenuity technology platform. Perricone MD is profitable at the EBITDA level although THG anticipates minimal impact in the current financial year. It is expected to be earnings accretive by the end of the financial year 2021, achieving double digit EBITDA margins consistent with previous THG Beauty brand acquisitions.
THG Holdings plc (LSE:THG) completed the acquisition of NV Perricone LLC on September 30, 2020. 
