More job cuts and an order for staff to return to working in the office is the latest news from THG. The digital consumer brands group is set to axe 171 jobs, from an initial 581 positions at risk across six divisions, including beauty and nutrition. That means the company will have cut almost a [...]read moreTHG cuts more jobs, wants staff back in office
Digital consumer brands group and beauty goods manufacturer THG has partnered with the British Beauty Council. The aim is to activate initiatives to impact positive change across the beauty industry. LookFantastic In its first action as the organisation’s patron, its prestige beauty retail brand LookFantastic has launched a ‘What the SPF?!’ campaign, advocating for SPF [...]read moreTHG is new British Beauty Council patron, opens with sun protection initiative
Beauty and e-commerce tech giant THG’s first quarter saw sales growth accelerating from 1.1% at the end of last year to 4.5% this time. And it said it saw a “standout performance” in THG Beauty, with an 11.1% rise at constant currency, compared to just 2.6% in Q4. THG In total, Q1 THG Beauty revenue [...]read moreTHG results show beauty surge, but Ingenuity’s internal revenue drops
Beauty e-tail giant and e-commerce tech specialist THG had good news on Wednesday with its preliminary FY23 results containing some positive figures. THG But the firm’s shares still fell very slightly on Wednesday morning, although this could have been a reaction to the fact that they’ve risen in recent days after the company’s founder made [...]read moreTHG revenue growth returns in Q4 as beauty is strong
News of potential job cuts at John Lewis and Superdry has been added to with a report that digital retail and technology group THG is cutting 160 jobs across its marketing, sales and warehouse teams. The company has been investing in the automation of its UK warehouses, with the majority of the jobs, around 100 [...]read moreTHG to cut warehouse, sales, marketing jobs
Beauty e-tail giant and e-commerce provider THG said on Tuesday that its fourth quarter – the period up to the end of December – was in line with expectations and guidance, as was its full year. THG The group returned to revenue growth when looking only at its continuing businesses in Q4. THG had sold [...]read moreTHG ongoing businesses see Q4 progress, new link-up with Holland & Barrett unveiled