THG Plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Matthew John Moulding
- Full Time Employees
- 6,797
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Voyager House Manchester United Kingdom M90 3DQ
- IPO Date
- Feb 14, 2022
- Website
- thg.com
- Similar Companies
- Business
- THG Plc (THG) operates as a global e-commerce retailer and brand owner in the beauty, health, and wellness sectors, headquartered in Manchester, UK, and founded in 2004. The company conducts its activities through two primary divisions: THG Beauty and THG Nutrition. THG Beauty runs prominent online platforms such as Lookfantastic, Cult Beauty, and Dermstore, providing access to over 1,300 third-party brands in skincare, haircare, cosmetics, body care, fragrances, and spa products across 195 territories including the UK, US, and Europe; it also offers owned brands like Biossance, ESPA, Illamasqua, Christophe Robin, Glossybox, and Ameliorate, supported by in-house manufacturing facilities including THG Labs in the UK and Bentley Laboratories in the US. THG Nutrition, led by Myprotein as the world's largest online sports nutrition brand, delivers protein powders, supplements, vitamins, minerals, bars, snacks, drinks, and activewear under brands such as Myvitamins and MP Activewear; products reach consumers directly via localized websites and through offline retail partnerships worldwide, with vertical integration via dedicated production and distribution facilities. THG Plc maintains manufacturing and fulfillment operations in key locations including the UK, US, Poland, and Japan, targeting direct-to-consumer channels, third-party retailers, gyms, and supermarkets globally. In recent strategic developments, the company completed the demerger of its THG Ingenuity technology and logistics arm on 2 January 2025, streamlining focus on its core Beauty and Nutrition businesses as a cash-generative entity; it transferred to the equity shares (commercial companies) category of the Official List on 6 January 2025, enhancing index eligibility. Within THG Nutrition, Myprotein executed a global rebrand, launched 14 new licensed products in H2 2024, entered the dairy market via a long-term partnership with Müller, expanded its Iceland Foods deal, initiated co-manufacturing in Japan, secured a strategic partnership with Everlast Gyms (Frasers Group) for 60 in-gym Myprotein Kitchens in the UK and Ireland, and extended retail presence into US CVS stores, Middle East Spinneys, and additional grocer listings. THG Beauty advanced with the opening of its first Lookfantastic concept store, partnerships including The White Company, a refined Ameliorate product range using Prevented Ocean Plastic packaging, and asset sales such as the luxury portfolio alongside discontinuation of non-core cosmetics and masstige lines to prioritize prestige skincare. The company reported Q3 2025 continuing revenue growth of 6.3% (constant currency), with THG Nutrition at +10.0% and THG Beauty at +4.2%, positioning it for mid-single-digit revenue expansion in FY 2025 amid whey price normalization and VAT ruling potential. THG Plc employs approximately 6,800 people and lists on the London Stock Exchange as a FTSE 250 constituent under ticker THG (OTC: THGPF).
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