The Hut Group Plc
The Hut Group Plc
The Hut Group Plc 5th Floor, Voyager House, Manchester, M90 3DQ, United Kingdom
Sector: Consumer
Description
Founded in 2004 by Matt Moulding and John Gallemore as a white label ecommerce company, The Hut Group is a UK-based e-commerce company that is a globally renowned end-to-end tech platform focusing in taking brands direct to consumers across the globe, powered by THG Ingenuity, which is a propriety techn interface. The company operates through 195 shipping destinations, 18 fulfillment sites and 300 localised websites. The company expanded itself through strategic acquisition of MyBag, Lookfantastic, Myprotein, Probikekit, Illamasqua, GLOSSYBOX, ESPA, Idealfit, IdealShape, Hae Country & Spa, Hungar Seven and UK2. In 2020, the company got listed on the London Stock Exchange as LON: THG.
The company’s aim is to reinvest how brands connect to customers. The company operates through its four business divisions: THG Beauty, THG Nutrition, THG Ingenuity, and other (including THG Experience, THG OnDemand and THG Luxury. The THG Ingenuity is an end-to-end enterprise commerce services that direct the entire customer brand owner and retail across the world. The THG Beauty business is a leader in online beauty retailer that offers more than 1000 prestige, professional and luxury brands across the haircare, skincare, cosmetics, and fragrance. It operates through brand ownership that include Lookfantastic, Perricone MD, Glossybox, ESPA, Illamasqua, Grow Gorgeous, Ameliorate, Beauty Expert, Christophe Robin, Eyeko, Skinstore, Dermstore, Mankind and Cult Beauty, retail of more than 1000 third-party brands and a leading beauty subscription box offering. The THG Nutrition is a manufacturer and online D2C retailer of nutrition products and it operates through Myprotein, MP Clothing, Myvegan, Myvitamins, Exante and Idealfit brand. The THG On Demand provide selection of entertainment products and subscription services of clothing, vinyl and gadget, with a particular focus on licensing arrangements with global published houses and personalization though its portfolio of brands that include IWOOT, Zavvi, My Geekbox and Pop In A Box D2C e-commerce sites. The THG Experience is a division that focuses on growing impact of social content creators and influencers on consumer product choices. It includes Hale Country Clubin Cheshire, the Great John Street Hotel and King Street Townhouse. The THG Luxury offers consumer and luxury products.
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