THG PLC - Manchester, England-based online retailer of sports nutrition and beauty products - THG signs a licensing agreement with convenience food maker Greencore Group PLC for its Myprotein sports nutrition division. Greencore will introduce a new range of Myprotein branded food-on-the-go items, including protein-enriched salads and wraps. The products will be available in the supermarkets and convenience stores of J Sainsbury PLC. THG says the collaboration forms part of Myprotein's strategy to growth its offline and licensing business, particularly outside the gym and home.
THG current stock price: 36.31 pence, up 2.4% in London on Thursday
12-month change: down 9.4%
Greencore current stock price: 279.82p, down 5.0%
12-month change: up 37%
By Tom Waite, Alliance News editor
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