London Stock Exchange welcomes THG to the Main Market
London Stock Exchange welcomes THG Holdings plc (‘THG’), a global technology platform that specializes in taking brands direct to consumers, as it lists on the Standard segment of the Main Market.
Powered by its proprietary ecommerce technology platform ‘THG Ingenuity’, THG is a leading strategic player within the global beauty and online nutrition industry. The Company combines its portfolio of prestige beauty brands across skincare, haircare and cosmetics with the provision of a critical route to market for over 850 third-party beauty brands sold through its portfolio of websites, including Lookfantastic, Skinstore and Mankind. In nutrition, THG owns Myprotein and its family of sub-brands, which has grown to become the largest online direct-to-consumer sports nutrition brand globally in 2019 based on revenue.
THG’s operations span the entire product and customer journey from product development and manufacturing, through to marketing and content creation, global payments, delivery and logistics networks. The Company has grown significantly since foundation in 2004, to now employing an expanding workforce of more than 7,000 people across the world, operating 200+ localised websites, retailing goods in 169 countries.
Matthew Moulding, Founder, Chairman and CEO of THG commented: “Our listing on London Stock Exchange reflects the achievements of the past but also our strong belief in the significant potential for THG in the future. THG has enjoyed incredible growth since being founded in 2004, and through its exceptional teams across the world, has established a track record of consistent delivery for our customers.
“The brands we own give us leading strategic positions in prestige beauty and nutrition, powered by Ingenuity, our unique end-to-end direct-to-consumer e-commerce solution. Ingenuity powers not just our brands but those of many other leading consumer brand owners around the world creating a highly resilient, vertically integrated business with significant growth opportunities.”