Formerly known as The Hut Group, THG owns several online beauty and nutrition brands such as Lookfantastic, Mankind, and Myprotein. It also sells its e-commerce software to companies including Unilever.
Matthew Moulding, the billionaire founder of THG, described THG Ingenuity on a media call as a social media influencer platform to promote products, according to The Guardian. That includes brands sold by THG, as well as brands sold by other companies. Moulding added that SoftBank s investment provides THG Ingenuity with an unparalleled global growth opportunity. THG Ingenuity is a yet-to-be-formed, THG owned and controlled subsidiary group, comprising the Ingenuity platform IP and operating trade and assets, the parent company said.
Formerly known as The Hut Group, THG owns several online beauty and nutrition brands such as Lookfantastic, Mankind, and Myprotein. It also sells its e-commerce software to companies including Unilever.
Matthew Moulding, the billionaire founder of THG, described THG Ingenuity on a media call as a social media influencer platform to promote products, according to The Guardian. That includes brands sold by THG, as well as brands sold by other companies. Moulding added that SoftBank s investment provides THG Ingenuity with an unparalleled global growth opportunity. THG Ingenuity is a yet-to-be-formed, THG owned and controlled subsidiary group, comprising the Ingenuity platform IP and operating trade and assets, the parent company said.
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