All the updated news related to cult beauty

All the news related to cult beauty updated in real time

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City

THG ends takeover talks with US buyout firm Apollo

Online retail firm THG said it has ended talks with private equity giant Apollo over a potential takeover deal. Shares in the company, which owns platforms including Cult Beauty and MyProtein, dropped on Friday morning as a result. Last month, the ...

12 May 2023 at 09:21

City

THG returns revenue to growth in final quarter as losses halved

THG, the online retailer behind brands such as MyProtein and Cult Beauty, said its revenue started growing again in the last three months of 2023 as it halved its losses over the year. The business said annual revenue was down 8.7% to £2 billion, ...

10 Apr 2024 at 08:24

THG shares under pressure after suitors walk away

City

THG shares under pressure after suitor walks away

Shares in online retailer THG have slumped after a pair of suitors walked away from bidding for the embattled firm. Shares in THG, previously known as The Hut Group, tumbled by 13% on Thursday morning after Belerion Capital Group said it no ...

16 Jun 2022 at 13:21

City

Myprotein operator THG strikes deal with Frasers for consumer credit roll-out

Cult Beauty operator THG has announced a tie-up with retail giant Frasers Group, which will see millions of shoppers able to access buy now, pay later and loyalty rewards across its health and beauty websites. THG, the online retail group ...

24 Jun 2024 at 11:14

City

THG considers spinning off tech platform as Myprotein rebrand weighs on sales

Cult Beauty and Myprotein operator THG has said it is considering spinning off its technology platform in the hope of restoring its share price, while it also reported slower sales this year. The Manchester-based business runs a system ...

17 Sept 2024 at 14:51

City

THG profits hit by high whey protein costs as trading gains momentum

Online retailer THG has revealed weaker profits after being knocked by high whey protein costs, but pointed towards growing sales momentum. Shares in the company, which runs brands including Myprotein and Cult Beauty, rose on Thursday....

11 Sept 2025 at 12:49

City

THG returns to sales growth as Myprotein bulks up shelves in global stores

Cult Beauty and Myprotein operator THG has said sales returned to growth in recent months as it brought its products to a growing number of stores around the world. Shares in the Manchester-based firm leapt higher after it said its ...

25 Jun 2025 at 09:50

City

Sales slip at Myprotein owner THG after spinning off Ingenuity arm

Online retail firm THG has revealed lower revenues after spinning off its Ingenuity platform business. The Myprotein and Cult Beauty owner saw sales dragged down by continued weakness in its nutrition business, although it ...

23 Jan 2025 at 09:41

Years
2025

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cult beauty
myprotein
thg

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