THG

THG plc

THG plc, formerly known as The Hut Group, is a prominent British e-commerce company headquartered in Manchester, England. Established in 2004 by Matthew Moulding and John Gallemore, THG has grown into a global digital innovator, revolutionizing how brands connect with consumers worldwide.

Business Overview

THG operates through several key divisions:

• THG Beauty: This division includes a portfolio of leading digital beauty brands, offering a wide range of skincare, haircare, and cosmetic products. Brands under this division include Lookfantastic, Glossybox, and ESPA.

• THG Nutrition: Known for its sports nutrition and wellness products, this division includes brands like Myprotein, Myvitamins, and Myvegan. These brands offer protein powders, supplements, vitamins, and activewear.

• THG Ingenuity: This division provides end-to-end e-commerce solutions for third-party brands. It leverages THG's technology and infrastructure to offer services such as web development, digital marketing, and logistics.

Global Presence

THG has a significant global footprint, operating 13 fulfillment centers, 9 production facilities, and 32 data centers worldwide. The company's extensive infrastructure supports its diverse range of products and services, ensuring efficient delivery and customer satisfaction.

Financial Performance

As of 2023, THG reported a revenue of £2,045 million. Despite facing challenges, the company continues to invest in its growth and expansion, aiming to capitalize on the increasing consumer shift towards e-commerce.

Sustainability and Innovation

THG is committed to sustainability and innovation. The company actively pursues initiatives to reduce its environmental impact and drive positive change for future generations. This includes efforts to improve energy efficiency, reduce waste, and promote sustainable practices across its operations.

Leadership and Culture

THG's success is driven by its ambitious and innovative culture. The company's leadership team, including CEO Matthew Moulding and COO John Gallemore, emphasizes collaboration, entrepreneurship, and decisiveness. THG's employees are considered its greatest asset, contributing to the company's dynamic and forward-thinking environment.

Future Outlook

Looking ahead, THG aims to continue its growth trajectory by expanding its product offerings, enhancing its technological capabilities, and entering new markets. The company is well-positioned to leverage the ongoing digital transformation and maintain its leadership in the e-commerce sector.

For more information, visit THG's official website.