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Notes to editors THG ( www.thg.com ) is a vertically integrated, digital-first consumer brands group, retailing its own brands in beauty and nutrition, plus third-party brands, via its proprietary, end-to-end, e-commerce technology, infrastructure and brand-building platform (THG Ingenuity) to an online and global customer base. THG's business is operated through the following businesses: THG Ingenuity : Ingenuity Commerce provides an end-to-end direct-to- consumer e-commerce solution for consumer brand owners under 'Software as a Service' (SaaS) lic...

  FY 2022 impact for THG of c. £20.0m revenues and c. £6.5m adjusted EBITDA, post c. £3.0m of cost synergies     THG PLC ("THG" or the "Group"), the proprietary technology platform specialising in taking brands direct to consumers ("D2C"), has conditionally agreed to acquire Brighter Foods Limited ("Brighter"), a specialist developer and manufacturer of snack bars, from Real Good Food plc for £43.0m, payable in cash.     The acquisition of Brighter enables THG to bring in-house decades of product know-how and innovative resource in the formul...

      Full year 2020 £1.6bn of revenues (+42% YoY), £151m adjusted EBITDA (+35% YoY) after £2.6m of self-funded furlough costs   Statutory operating profit before adjusted items of £46m, £(482m) operating loss driven by one-off, non-cash items, principally equity awarded to our people             THG PLC ("THG" or the "Group"), the proprietary technology platform specialising in taking brands direct to consumers ("D2C") globally, announces its preliminary results for the financial year endi...

The Hut Group sees sales surge following pandemic-led online demand Matthew Moulding (left) founder of The Hut Group. Online retailer The Hut Group enjoyed rising revenues, sales and number of customers in 2020, after the pandemic forced people to shop online. Group revenue at the business was up 41.5 per cent to £1.6bn in 2020, and adjusted EBITDA was up 35 per cent to £151m. Some 10.7 new customers shopped with The Hut Group last year, with the number of beauty box subscribers up 39 per cent year-on-year, and the number of orders from the nutrition and beauty arms of the ...

By Alec Mattinson2021-04-15T08:08:00+01:00 Top story Newly listed Deliveroo has posted a 130% jump in first quarter turnover, but the delivery giant pointed to dramatic slowdown for the rest of the year as restaurants and pubs reopen. Growth accelerated for the fourth consecutive quarter, with group orders up 114% year-on-year to 71m. The fourth quarter of 2020 saw order growth of 77% and Deliveroo’s growth in the corresponding first quarter of 2020 was 27%. UK orders were up 121%, while international orders grew by 108%, both primarily driven by new customers. Gross transaction values (G...