RE: Structural clarity - Non core24 Oct 2023 14:30
FWIW I don't like the fact that THG owns and runs spa's.
Stick to the retail "knitting" and divest yourself from all this frippy and before someone chirps to say they are a great sales outlet for nutrition and beauty products, if the products are good enough and priced accordingly they should sell anywhere, having to invest huge sums of money in spa's just to move beauty products is stupid beyond belief.
Manufacturing your own products is fine, selling direct and indirectly through partners is fine but wasting time, money and focus on vanity projects like spa's and newspapers is a clear example of why the wider investment crowd shy away from THG.