What is The Hut Group Melbourne?
THG Beauty is a global leader in digital beauty, with a unique digital ecosystem, including eight prestige owned beauty brands, a leading beauty subscription box with over 500k subscribers per month, and a retailer of over 1,000 third-party brands, whilst also powering the direct-to-consumer websites of an increasing
The Hut Group operates 3 ecommerce divisions: Lifestyle: including www.Myprotein.com and www.Myvitamins.com. Prestige: including www.Lookfantastic.com, www.Mankind.co.uk and www.HQHair.com. Consumer: including www.TheHut.com, www.Zavvi.com, www.Iwantoneofthose.com, www.Allsole.com and www.MyBag.com.
What websites do THG own?
Global appeal We're proud of our portfolio of premium skincare and beauty lines, such as Cult Beauty, ESPA, Perricone MD and Illamasqua, as well as the number one online pure-play specialist beauty retailer Lookfantastic.
Myprotein is a British online retailer based in Manchester, UK that manufactures sports nutrition products and gym clothing, including supplements, protein powders, vitamins and high-protein foods and snacks. It is a subsidiary of The Hut Group.
Is The Hut Group A good place to work?
Good company in general. Sometimes can be challenging to understand the whole process however THG is unique and surly not for everyone. I met a lot of smart people there and I have learned a lot from them. I like the people and loved my job there.
International sales accounted for 58% of total group revenue while US revenue accounted for more than 19% of the group, following the acquisition of skincare and beauty marketplace Dermstore. Revenues of THG Beauty and THG Nutrition businesses grew 51.8%, and 20.9%, respectively, during the year.21-Apr-2022
What do The Hut Group actually do?
The Hut Group is an ecommerce business that sells own-brand and third-party products covering health and beauty, fashion, accessories and sport across 160 websites in 35 languages.
We have a global network of more than 10,000 talented individuals, driving incredible results from day one. At THG, you'll be part of this and more.
Why is The Hut Group share price falling?
The fall of The Hut Group was swift as investors started to worry about the company's earnings, business size, and its claims. As a result, the company became a target of short-sellers.25-Apr-2022
8,000 people
Does The Hut Group make a profit?
The Hut Group (THG) has recorded a rise in both profits and revenues in its full-year results as the online retailer and tech platform clarified ongoing speculation around a potential sale of the group.20-Apr-2022
The business has grown to operate across 169 countries in 31 languages and 39 currencies. A first-time Best Company to Work For, THG was founded by Matthew Moulding and John Gallemore. It operates under four key divisions – THG Beauty; THG Nutrition; THG Lifestyle and THG Experience as one business; and THG Ingenuity.
Is Myprotein owned by THG?
Under THG's ownership, Myprotein has evolved from a small UK business to a global aspirational wellness brand. Based on revenue, Myprotein and its sub-brands is the largest online D2C sports nutrition brand globally, with internationalisation powered by THG Ingenuity and THG's digital brand building capabilities.
How to short-sell The Hut Group shares
How much did The Hut Group buy Myprotein for?
£58 million
THG Ecosystem Since 2004, we have grown from a British start-up to a globally renowned end-to-end tech platform specialising in taking brands direct to consumers worldwide, powered by our propriety technology platform, THG Ingenuity. In 2020 we listed on the London Stock Exchange in a record-breaking IPO.
Who founded the hut group?
Yet for Matthew Moulding – the founder, chief executive and chair of the e-commerce company The Hut Group (THG) – 2021 proved a humbling year.11-Jan-2022
Is it worth investing in The Hut Group?
Is The Hut Group a good investment? A case can be made that the THG share price has become extremely cheap now that it has fallen by over 80% from its all-time high. One of the most important reasons why some analysts believe it is a good investment is that it has become a viable acquisition target.18-Mar-2022
media-enquiries@thg.com If you're an accredited member of the media (press agency or journalist), you may use the The Hut Group corporate logo to publish articles specifically pertaining to THG, its products or services. Any other use is not allowed without written permission.
Is Zavvi part of The Hut Group?
High street brand Zavvi was acquired by The Hut Group in March 2009 and is now a thriving online-only retailer. The refreshed Zavvi website offers customers a wider choice of entertainment products, with free delivery.
What is The Hut Group Melbourne?