site stats

Cult beauty acquired by thg

Web5 rows · Mar 8, 2024 · THG Beauty: The globally pre-eminent digital-first brand owner, retailer and manufacturer in the ... WebAug 4, 2024 · LONDON, UK: THG Plc has agreed to acquire Cult Beauty Limited, the UK based online beauty retailer of prestige and emerging independent brands for a total consideration of £275 million, a news …

Shop The World

WebAug 4, 2024 · The London-listed owner of The Hut Group, the health and beauty e-commerce giant, will this week unveil the latest instalment in a blizzard of industry … WebAug 5, 2024 · The Hut Group has agreed to acquire online retailer Cult Beauty in a £275 million deal. In a statement, THG said Cult Beauty was a compelling addition to its portfolio due to its 300-strong range of third party beauty brands and its personalised, c ontent-led approach. Brands sold on its online platform include the likes of Charlotte Tilbury, Drunk … raymund fobes https://smiths-ca.com

THG Plc to acquire Cult Beauty Limited for £275 million

WebAug 4, 2024 · THG Plc (LSE:THG) agreed to acquire Cult Beauty Ltd. from Mark Quinn-Newall and Alexia Inge for approximately £280 million on August 3, 2024. The consideration is cash and debt-free basis. Threadstone Capital, LLC acted as Financial advisor to Cult Beauty Limited. THG Beauty sells own-brand and third party cosmetics, including skincare, haircare, makeup and fragrances. It both owns brands (Ameliorate, Christophe Robin, ESPA, Eyeko, Grow Gorgeous, Illamasqua, Mio and Perricone MD) and its own web stores (Beauty Expert, Cult Beauty, Dermstore, HQhair, Lookfantastic, Mankind, RY, SkinCareRx and SkinStore). Each web store is localised to different … WebAug 9, 2024 · Last week, The Hut Group (THG) acquired premium British online retailer Cult Beauty for €324m (£275m) in a deal that would see the group take on Cult Beauty’s … raymund furrer

Cult Beauty co-founder leaves just 8 months after THG acquisition

Category:Cult Beauty co-founder leaves just 8 months after THG acquisition

Tags:Cult beauty acquired by thg

Cult beauty acquired by thg

London Stock Exchange London Stock Exchange

WebAug 4, 2024 · Within six months of the acquisition, THG will launch Cult Beauty on its THG Ingenuity technology platform, which offers trading, merchandising, marketing, real-time data, 14 THG fulfillment ...

Cult beauty acquired by thg

Did you know?

WebAug 4, 2024 · British e-commerce company The Hut Group has agreed to purchase online beauty retailer Cult Beauty for £275 million ($382.91 million). UK-based Cult Beauty stocks over 300 brands, including Drunk … WebApr 19, 2024 · THG bought the beauty platform for 275 million last August and the group said at the time it expected Cult Beauty to contribute sales of around £60 million to its current full-year results....

WebAug 4, 2024 · LONDON — In its quest for growth and ownership of all aspects of beauty, the publicly quoted Hut Group is acquiring Cult Beauty, a hot luxury e-commerce property, for 275 million pounds. WebAug 4, 2024 · Acquired Organization: Cult Beauty Cult Beauty is the insider’s guide to the world's best beauty products. From skin care to make up Acquiring Organization: THG THG is an online retailing platform focused on fast moving consumer goods, particularly in the health and beauty industries. Announced Date Aug 4, 2024 Acquisition Type Acquisition

WebApr 10, 2024 · OTCMKTS:THGPF opened at C$0.64 on Monday. THG has a 1 year low of C$0.64 and a 1 year high of C$0.69. The stock’s fifty day moving average price is C$0.66 and its two-hundred day moving average ... WebAug 4, 2024 · Financial Impact: · THG is acquiring Cult Beauty Limited from private shareholders including majority investor Mark Quinn-Newall (co-founder of Net-a-Porter) …

WebDec 23, 2012 · The Hut Group Acquires Cult Beauty for 275 Million Pounds The online beauty retailer was bought from private shareholders, including co-ceo Alexia Inge and Net-a-Porter co-founder Mark Quinn-Newall. Aug 4, 2024 news.yahoo.com Frequently Asked Questions regarding Cult Beauty Where is Cult Beauty located?

WebAug 4, 2024 · Within six months of the acquisition, THG will launch Cult Beauty on its THG Ingenuity technology platform, which offers trading, merchandising, marketing, real-time … raymund garciaWebAug 5, 2024 · British e-commerce retailer The Hut Group ( THG) has agreed to buy Cult Beauty, an online retailer focused on prestige beauty brands, for £275m ($381m) on a … raymund future harzWebAug 6, 2024 · The Hut Group, which acquired Cult Beauty in a £275 million deal this week, is fast emerging as a key player. Can it take on major players like Sephora, Ulta and … raymund g. toledoWebAug 4, 2024 · LONDON — The Hut Group keeps growing its brand portfolio and will add U.K.-based online beauty retailer Cult Beauty. The group is buying the digital platform … simplify the ratio calculatorWebApr 12, 2024 · The beauty line 100% lives up to the feel-good language and has acquired a loyal following of beauty lovers. Rare Beauty’s Soft Pinch Liquid Blush ($23; Sephora) was practically an instant cult favorite and has since amassed over 5k reviews and a 91% recommendation rating on Sephora. The new Discovery Eyeshadow Palette in Give … raymund guisteWebAug 4, 2024 · THG PLC ("THG" or the "Group"), the proprietary technology platform specialising in taking brands direct to consumers ("D2C"), has agreed to acquire Cult Beauty Limited ("Cult Beauty"), the UK based online beauty retailer of prestige and emerging independent brands. The total consideration of £275m represents a c. 2.0x FY … simplify thesaurusWebAug 4, 2024 · The British e-commerce group said Wednesday it had agreed to acquire the digital beauty retailer from private shareholders, including Net-a-Porter co-founder Mark … simplify the ratio of 21:15:12