Holder | Position | Change | Date | |
---|---|---|---|---|
Marshall Wace LLP | 0.61% | 0 | 21-Oct-2024 | View History |
Wellington Management International Ltd | 0.59% | 0 | 23-Aug-2024 | View History |
THG plc, formerly The Hut Group, is a British e-commerce retail company headquartered in Manchester, England. It sells own-brand and third-party cosmetics, dietary supplements and luxury goods online. It provides an end-to-end e-commerce service to third parties through its Ingenuity division.
The company was founded in Manchester in 2004 with a £500,000 investment by Matt Moulding and John Gallemore. The company sold CDs and DVDs online before creating white-label web stores for large physical retailers, including Asda, Argos Entertainment, Tesco and WHSmith. It operated a warehouse in Guernsey, allowing customers to avoid paying VAT on items priced below £18.
THG share price launched at 796p in 2021 on the London Stock Exchange under the ticker THG.