THG ( (GB:THG) ) has issued an update.
THG PLC is set to be included in the FTSE 250 Index following its transfer to the equity shares category in January 2025, with the inclusion expected to be effective around 21 March 2025. This development is seen as a significant step in enhancing the company’s visibility and supporting its strategic goals, particularly following the demerger of THG Ingenuity. The inclusion is anticipated to bolster THG’s position in the global beauty, health, and wellness market, reflecting its ongoing progress in strategic priorities.
More about THG
THG PLC is a global e-commerce group headquartered in Manchester, UK, operating through two leading consumer businesses: THG Beauty and THG Nutrition. THG Beauty operates prominent online platforms including Lookfantastic, Cult Beauty, and Dermstore, offering a valued route to market for over 1,300 prestige third-party brands, alongside a specialist portfolio of owned brands. THG Nutrition, led by Myprotein, the world’s largest online sports nutrition brand, spans multiple health and wellness categories, delivering its products both directly to consumers and through strategic offline partnerships worldwide.
YTD Price Performance: -24.46%
Average Trading Volume: 5,155,643
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £495.2M
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