THG

Students at The University of Manchester are halfway through their Beauty Tech Innovations Consultancy Project, designed and presented by Tom Mills-Webb, COO of THG Beauty. They spent time with Tom on-site at ICON, our HQ, to find out more about life at THG and check-in before their final presentations. We can't wait to see what they've produced 👀 #WeAreTHG #Beauty

Dreaming of a career in Marketing but not sure where to start? Join our webinar on Monday 28th October to meet our Early Careers team and learn about the roles and opportunities in Marketing at THG. You'll find out how our marketing teams deliver results for brands like LOOKFANTASTIC, Myprotein, and Cult Beauty, and gain a better understanding of our marketing channels including influencer marketing, paid social, brand marketing, and affiliate marketing. 🔗 sign up to reserve your space https://lnkd.in/eQEhFZqz #WeAreTHG #EarlyCareers #Marketing #FindYourPath

ICONIC: Our internal magazine connecting our people to our business. Over 12 months and 13 issues, we've shared stories of innovation, collaboration and the passion that drives our people. From behind-the-scenes moments to insights from our senior leaders, ICONIC is more than a magazine - it's a reflection of everything & everyone at THG. #WeAreTHG

Our Women in Business Network hosted a Menopause Awareness panel event to break down barriers and start conversations about experiencing menopause in the workplace. Dr Ishrat, Group Medical Director and specialist in Women’s Health, shared her expert insights on navigating menopause and managing symptoms like hot flushes, night sweats, and cognitive challenges. Georgina Barry, Sustainability Manager for THG Beauty, and Resham Kirpalaney, Communications Lead, joined the panel to share their personal stories, emphasising the need for greater awareness and support in the workplace. Gemma Bosanko, Head of Brand at ESPA International, also spoke about ESPA’s ongoing campaign with GenM Official to educate customers and provide menopause-friendly products and treatments.   Key Takeaways ⭐ Menopause happens in three stages: perimenopause, menopause, and post-menopause, typically between ages 45-55. It can also result from surgery. ⭐ Diagnosis happens after 12-months without a period, though symptoms can begin up to 10 years earlier because of declining ovarian function and reduced oestrogen levels. ⭐ Individualised treatments, including Hormone Replacement Therapy (HRT) and lifestyle changes such as diet and exercise, can effectively manage symptoms. ⭐ Being patient and listening to your partner, friend, or colleague can really help support them if they’re experiencing symptoms.   A huge thank you to our panellists for sharing their experiences with us, and to our Women in Business Network for organising such an informative event. 🔗 Learn more about ESPA’s partnership with GenM. https://lnkd.in/edZZDMeV #WeAreTHG #MenopauseAwarenessDay

'Rescue Me' is the theme for this year's Recycle Week ♻️, and THG are proud to be doing that for hard-to-recycle beauty products 💄 We've expanded our recycle:me scheme 🌱 to help our brand partners offset beauty packaging waste fees as a result of new Extended Producer Responsibility (EPR) legislation, which makes retailers financially responsible for the end-of-life management of products and packaging. It's our firm belief that the most effective way to tackle environmental issues is to come together 🤝 as an industry, combining our resources to create significant change. With this new iteration of our recycling scheme that targets hard-to-recycle beauty and cosmetic packaging, we're providing a resource for brands to reduce their waste, offset fees, and gain insight into consumer recycling behaviour.   Our established, trusted partners - MYGroup and Metrisk - are a vital part of this scheme and I'd like to thank their teams for the expertise they're providing to tackle the estimated 120 million units of beauty packaging that is thrown away each year 🗑️   We've worked hard to make this scheme as easy and accessible for consumers as possible. The UK's recycling system is often confusing, so with recycle:me consumers can have their empty beauty packaging collected from their doorstep, for free, by Royal Mail. We can recycle any brand's packaging, not just those you can buy through our brands LOOKFANTASTIC.COM and Cult Beauty.   I'm incredibly proud of this new scheme and all the work behind the scenes to make this happen - a special shout out to Georgina Barry, Alicia Hickey, and all the teams at THG for driving this programme forward 👏 . We're targeting 1 million units recycled within the first year of launch, which is only the start of what I hope will be a highly impactful scheme.   https://lnkd.in/eevb4hYm #weareTHG #nationalrecycleweek #sustainability

Recycle:me is expanding♻️ Our recycle:me scheme, which targets hard-to-recycle beauty packaging, is expanding with a goal of recycling one million units in the first year. This initiative helps brand partners offset new packaging waste fees under EPR (Extended Producer Responsibility) regulations. In collaboration with LOOKFANTASTIC.COM, Cult Beauty, and MYGroup, customers can recycle any brand's cosmetic packaging for free via Royal Mail doorstep collection. The recycled materials will be repurposed for new projects, including beauty packaging R&D and school equipment. Mark Jones, Chief Sustainability Officer at THG, says, “For brands, recycling schemes are incredibly complex and costly. With recycle:me, we're offering our brand partners a cohesive industry approach that provides the level of data needed under new EPR regulations.” #WeAreTHG #Sustainability #RecycleMe

THG LABS 🤝 Clean Food Group THG Labs and Clean Food Groups have announced a strategic partnership to create new raw materials through the transformation of food waste into ingredients, starting with a low impact, high-performance oil for use in beauty and personal care products. By integrating Clean Food Group's CLEANOil technology with our formulation and manufacturing expertise, we're setting new standards for sustainable innovation. Kristal Goodman, Head of Product Innovation, THG Labs, explains, "Building on THG Labs passion for biotech and commitment to a more sustainable future, we are thrilled to be collaborating with Clean Food Group on a new era of innovation in sustainability. We’re constantly challenging ourselves to improve the environmental impact of our products, not only within the manufacturing facility but also in the supply chain of our raw materials.” 🗞️ Read the full article: https://lnkd.in/eshfztSt #WeAreTHG #SustainableBeauty

Finishing university can be a daunting time for students. With countless career paths to choose from, it's easy to feel unsure about which direction to take or how to get there. At THG, our Graduate programme covers a wide range of career paths, from Marketing and Ecommerce to Technology, PR & Communications, and Finance. Whether you have a clear vision for your future or are still exploring your options, we provide the support and opportunities to help you land your dream job or set you on the right path to achieve it. 👉 Click to choose a career less ordinary - https://lnkd.in/eKTWAvyY #WeAreTHG #Graduates #FindYourPath #GoFurtherFaster

“What if we don’t raise the money now?” said Steve Whitehead yesterday at 7.30am. We'd announced to a group of c30 investors our plans to raise monies to fund the demerger of THG Ingenuity from THG PLC (which in plain English means taking Ingenuity back to being a private company). You get little insight into how deals like these come together. They're lively affairs, involving an incredible amount of effort, stress and strain over months. It then comes down to a 24-hour period where investors decide to back a plan…or not. Ingenuity is a serious business, with c4,000 staff across the world delivering c£600m of revenues across tech, fulfilment and content solutions for many of the world’s best-known brands. Since starting THG, any profits and cash we’ve made from our Beauty & Nutrition businesses have been relentlessly reinvested into building Ingenuity. The benefits are clear - in the past few years alone, fulfilment costs in Beauty & Nutrition have plummeted by c20% despite high inflation, saving THG c£80m a year. All our external clients are leveraging these savings too, explaining the growing list of major client wins. It's clear that the LSE isn't a place for a tech/infrastructure business like Ingenuity. It's been a volleyball for rogue operators to hit when looking for a quick win. And so, after over 4 years, it’s time for a change. After months of background work, THG’s Board recently agreed to privatise Ingenuity, while also ensuring it was fully funded for life as a private company. This meant raising c£95m via a placing, which mainly goes to Ingenuity when it breaks away from THG in December. THG’s list of long-time backers, agreed to provide most of the money, with me investing a further £10m. This takes my share purchases in THG to £50m since IPO…..a bizarre concept given IPO's are a route for founders to sell shares NOT to keep buying more 🙈🤣   The demerger means our Beauty & Nutrition divisions, which are highly profitable and generate significant cash each year, will solely make up THG PLC. In 2023, these divisions generated Sales of c£1.9bn, profits of £105m and cash of c£77m. Instead of reinvesting this cash back into Ingenuity each year, THG will now use the cash however it chooses. Given that me and long-term supporters of THG had already pledged most of the monies before we launched the fundraise, we knew it would be fine. But Steve’s real question was “What will people think of the deal?”. The deal was 4 x oversubscribed from the small group of investors we spoke with. This speaks volumes. When allocating shares late last night, we made sure that orders from real people, real supporters were favoured. Thank you to our shareholders, Board, THG people and wider stakeholders alike. It’s good to finally make some moves. Let's hope this it's just the start 🙏 Pic is this morning, just before we did the investor/analyst call: Bobby Finemore Kate Grimoldby John Gallemore #Onwards #Moves #Partnerships