THG plc: Business Overview, Financials & Competitive Analysis
THG plc scores 6/10 on the AskCyborg Cyborg Score (Solid). Focused beauty and nutrition player with returning growth momentum, though strategic repositioning creates near-term execution risks. THG has reported its strongest quarter of organic sales growth since 2021, demonstrating renewed momentum. However, portfolio divestment and demerger activities suggest restructuring phase post-2024 disruptions.
What is THG plc's industry? THG plc (thg.com) operates in E-Commerce Retail - Health, Beauty & Nutrition. AskCyborg classifies THG plc under E-Commerce Retail - Health, Beauty & Nutrition in its company registry.
THG plc is a global retailer and brand owner headquartered in Manchester, England, operating through two predominantly online consumer businesses: THG Beauty and THG Nutrition. THG Beauty sells own-brand and third par...
Cyborg Score thesis
Focused beauty and nutrition player with returning growth momentum, though strategic repositioning creates near-term execution...
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Get Current Report FreeTHG plc Overview
Pro stress-test →THG plc is a global retailer and brand owner headquartered in Manchester, England, operating through two predominantly online consumer businesses: THG Beauty and THG Nutrition. THG Beauty sells own-brand and third party cosmetics, including skincare, haircare, makeup and fragrances, with owned brands including Ameliorate, Biossance, Christophe Robin, ESPA, Grow Gorgeous, and Perricone MD and web stores including Lookfantastic, Cult Beauty, and Dermstore.
Strategic Profile
Pro stress-test →In January 2025, THG plc demerged its technology and logistics arm, THG Ingenuity, into a privately owned, stand-alone business, allowing the company to focus on its core beauty and nutrition retail operations. In June 2024, THG sold its Luxury division, including designer clothing, accessories and homeware web stores Allsole, Coggles, MyBag and The Hut, to Frasers Group. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Competitive Landscape
Pro stress-test →Top competitors of THG include TechStyle, GlobalBees and Merama. THG operates hundreds of localized beauty and nutrition websites with owned brands providing competitive differentiation versus pure marketplace players.
Industry Context
THG plc operates in E-Commerce Retail - Health, Beauty & Nutrition.
Key facts
Founded: 2004 · Headquarters: Manchester, UK · Employees: 8,607 · Revenue: £807M