The Hut Group in talks with ‘major global investors’ ahead of possible IPO or private sale

Published: 29-Jul-2020
Finance

The UK-based beauty brand owner is exploring future investment options to support global growth plans, which could result in a private sale of shares or public flotation

You need to be a subscriber to read this article.
Click here to find out more.

The Hut Group (THG) is in talks with investors and exploring opportunities via a private sale.

A spokesperson from the Manchester-based beauty brand owner told Cosmetics Business: “Each year THG speaks to major global investors about future investment options to support global growth plans.

“This has always been done as a private company, and this year

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance

THG announces Ingenuity demerger

Read more
Mike Ashley’s Frasers Group announced as investor as part of fundraising to spin off the technology arm

Trending Articles

  1. Charlotte Tilbury setting spray withdrawal hits Puig shares The Barcelona-based conglomerate is the latest company to voluntarily withdraw product batches for quality issues
  2. Saks owner buys Neiman Marcus for $2.65 billion Amazon is a surprise investor in HBC’s new group of luxury retailers including Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks off 5th
  3. Puig's profits drop by 26% in first-half 2024 The Spanish-based owner of Charlotte Tilbury reported a decline in make-up sales but a boost in skin care and fragrance
  4. The Body Shop appoints CMO and CFO to drive growth post-acquisition Penny Brook and Sally Dowling have joined the British beauty retailer’s executive leadership team, with the aim to bring the company back to its former glory
  5. Croda's flavours and fragrances business tops $290m in sales Croda’s Fragrances and Flavours (F&F) business, comprising global fragrance company Iberchem, fragrance house Parfex, and Scentium for Flavours, today announced yet another year of strong double-digit growth

Upcoming event

Launch Lab: Future-Forward Cosmetics – Beyond Packaging 2025 - WEBINAR

17 January 2025 See all

You may also like

Finance

THG announces Ingenuity demerger

Mike Ashley’s Frasers Group announced as investor as part of fundraising to spin off the technology arm
Finance

THG shares fall following lower outlook and Ingenuity demerger plans

The British retail group experienced a share drop after releasing its interim results and update on its proposed demerger plans for its technology arm
Finance

THG to slash 171 more jobs as part of restructure

The British retail giant, which owns Lookfantastic and Cult Beauty, is set to make redundancies across six business divisions
Finance

Top THG shareholder joins revolt against re-election of chairman

THG’s chairman, Charles Allen, was previously CEO of British TV broadcaster ITV from 2004 to 2007 and joined THG in 2022
Finance

THG shareholder Kelso blames chair for weak share prices

The investor named Lord Charles Allen responsible for the British retail company’s plummeting share prices despite a strong sales performance
Finance

THG revenue growth boosted by beauty's 'standout performance'

The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023
Finance

THG losses narrow in 2023 despite sales dip

The Lookfantastic owner returned to growth in the final quarter of 2023 after reporting a 1.1% jump in revenues
Subscribe now