Forget the lingerie, diamonds chocolates and flowers. Most women want cosmetic products for Valentine’s Day. New data from Bazaarvoice’s Influenster shows as many as 70% of women would prefer to receive beauty products.
The Hut Group may be powering webstores for brands globally via its THG Ingenuity division, but it's clearly focused on doing what it knows it can do well and bringing in partners for some specialisations.
The Hut Group has rarely been out of the news in recent months and on Monday it made headlines again as it announced a third-quarter trading update that showed its business continues to go from strength to strength.
There’s speculation that fast-expanding beauty giant The Hut Group (THG) is mulling a stock market flotation. A report at the weekend said that it has been lining up meetings with some big-name investors.
Subscription boxes continue to win new fans in the UK and while food is the most popular product category, beauty is second with the channel becoming a key one for beauty product sales, especially to young consumers.
Acquisition-hungry online beauty and wellbeing retailer The Hut Group continues its pursuit of world domination as sales and profits soar. Group revenues grew 24% to £916m in 2018, while gross profit was up 31%.