Member Info for dafad

THG will also activate a brand it calls THG Eco, which is involved in sustainability efforts. THG is working with U.K.-based sports marketing agency Right Formula on the partnership.

https://www.sportsbusinessjournal.com/Articles/2023/10/20/williams-racing-adding-new-partnerships-thg.aspx

I would not be a 100 % sure as they have been working with other logistics co's in the past such as lxo and xpo,but

the timing of this is interesting-could the IT issue be holding up an announcment

From their 9 month sales report out today

highly automated system-mmm!

Vitamins, minerals and supplements saw negative growth. Sales in the third quarter decreased following an IT integration issue when implementing highly automated systems during the consolidation of U.S. packaging sites. The resulting short-term supply constraints are expected to be resolved by early 2024. Market growth in the vitamins, minerals and supplements category has returned to positive territory.

Active nutrition reported mid single-digit growth, with market share gains and a robust sales development for Orgain and Vital Proteins.

New THG Ingenuity Stores

Here are the 5 highest-ranked stores added most recently.

Name Domain Rank Created

ZYN ch-fr.zyn.com 1,086,712 2023/10/13

Https://ch-fr.zyn.com/

Https://www.prolificnorth.co.uk/news/thg-ingenuity-signs-north-america-deal-with-loreal-luxury-brands/

Trading Update

Autumn Trading

Autumn trading has started very well despite the unseasonably warm weather in September. Net revenue for the week commencing 9th October was the highest on record (excluding black Friday) and the highest ever for gross margin. Sales on Sosandar.com are in line with the results of the Q2 trial, with margin and AOV significantly increased, and orders and revenue aligned to the Company's expectations of the new reduced promotional plan.

Sales through third party partners have also been very strong with Next and M&S in particular having a great start to the autumn season. The Sainsbury's brand-new fashion concept stores have just gone live over the first two weeks of October with a wide range of Sosandar product selling well in all of the nine stores. In addition, the partnership with Freemans, which launched in September, has also had a very strong start to trading with Sosandar.

Don't understand any of it but seriously bad News breaking

At least 500 killed after strike on hospital

Oct 17 (Reuters) - British e-commerce group THG (THG.L) kept its annual revenue and profit outlook unchanged on Tuesday and said it returned to revenue growth in September on a constant currency basis

THG said the impact of global destocking on its beauty manufacturing business has eased after reporting a 4.4% drop in third-quarter revenue.

It was the Telegraph and they did say it was not imminent!LOL!!!

· Successful completion of the Group's three-year global infrastructure roll-out, and the strong efficiencies these investments are delivering, means we now anticipate FY 2024 capex spend will be c.£30m less than previously guided at £100m to £110m (FY 2023 guidance c.£135m).

Https://www.telegraph.co.uk/business/2023/10/15/thg-us-float-myprotein-nutrition-business-matt-moulding/

Think krispy kreme,people still go in and eat even though you can buy them cheaper elsewhere

I wonder if they will go down the franchise route??

I have a feelling that this concept could become a big hit

Https://www.manchestereveningnews.co.uk/whats-on/whats-on-news/myprotein-reveals-details-first-ever-27906580

Could Willian Barker be having an influance in the boardroom??

So their % holding has gone down but number of shares held stays the same

Actually sold,Ithink it's more of an adjustment due to more shares being issued??

Could Willian Barker be having an influance in the boardroom??