Cult beauty acquired by thg
WebAug 4, 2024 · E-commerce giant The Hut Group (THG) has announced the acquisition of online retailer Cult Beauty for £275m. The Manchester-headquartered listed group's move has added about 200 new brands to … WebCult Beauty is a web store which sells cosmetics and specialises in independent brands. It was acquired by THG plc for £291.3m in 2024 and migrated into the company's …
Cult beauty acquired by thg
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WebAug 4, 2024 · THG Plc (LSE:THG) agreed to acquire Cult Beauty Ltd. from Mark Quinn-Newall and Alexia Inge for approximately £280 million on August 3, 2024. The consideration is cash and debt-free basis. Threadstone Capital, LLC acted as Financial advisor to Cult Beauty Limited. WebApr 15, 2024 · LONDON — Alexia Inge is leaving Cult Beauty eight months after the company was sold to THG, WWD has learned. The cofounder and co-chief executive officer of Cult, the online beauty and...
WebAug 4, 2024 · Cult Beauty stocks more than 300 brands, including the likes of Drunk Elephant, Charlotte Tilbury and Huda Beauty — two-thirds of which have no other … WebAug 4, 2024 · Acquired Organization: Cult Beauty Cult Beauty is the insider’s guide to the world's best beauty products. From skin care to make up Acquiring Organization: THG …
WebHome. Le Labo Thé Matcha 26 50ml. 4 instalments of £39.25 with clearpay Learn more about clearpay Learn more. Why It's Cult. Description. How to Use. Full Ingredients List. Product Details. WebAug 5, 2024 · It was confirmed yesterday that The Hut Group (THG) has acquired Cult Beauty for a snip at £275 million. THG have a huge portfolio of brands including…. (now) Cult Beauty, ESPA, Dermstore, Perricone MD, Illamasqua, as well as retailer L ookfantastic which could be their most well-know sector. Cult Beauty? One of the biggest online …
WebAug 4, 2024 · Cult Beauty is being acquired from private shareholders for £275m on a cash and debt-free basis and is expected to contribute sales in the region of £60m, a figure which THG believe will more than double over the next 24 months. Some two thirds of Cult’s brands are not currently sold on THG’s other beauty products sites, providing an ...
WebAug 4, 2024 · THG is acquiring Cult Beauty from private shareholders including majority investor Mark Quinn-Newall (co-founder of Net-a-Porter) and co-CEO Alexia Inge, for £275m on a cash and debt-free … shattered wrist boneWebCult Beauty has been acquired by The Hut Group for £275 million porsche macan dealer near foster cityWebApr 4, 2024 · April 4, 2024, 11:12 a.m. ET. The luxury Australian skin care brand Aesop will be bought by L’Oréal, in a $2.5 billion deal that positions the French cosmetics giant to expand its footprint in ... porsche macan all blackWebFeb 10, 2024 · News. THG acquires prestigious spa and skincare brand ESPA. The Hut Group (“THG”, or the “Group”), one of the world’s largest online Health & Beauty retailers and brand owners, announces the acquisition of ESPA, a world-renowned leader in spas and skincare excellence, from affiliates of KSL Capital Partners, LLC (“KSL”). porsche macan cargoWebAug 4, 2024 · The British e-commerce group said Wednesday it had agreed to acquire the digital beauty retailer from private shareholders, including Net-a-Porter co-founder Mark … porsche macan build 2022WebAug 4, 2024 · THG is acquiring Cult Beauty from private shareholders, including majority investor Mark Quinn-Newall – co-founder of Net-a-Porter – and co-CEO Alexia Inge, for £275m on a cash and debt-free basis. Cult Beauty is expected to contribute sales of circa £60m and adjusted EBITDA of around £3m for the remainder of the 2024 financial year. porsche macan 2019 hpWebAug 4, 2024 · THG PLC ("THG" or the "Group"), the proprietary technology platform specialising in taking brands direct to consumers ("D2C"), has agreed to acquire Cult Beauty Limited ("Cult Beauty"), the UK based online beauty retailer of prestige and emerging independent brands. The total consideration of £275m represents a c. 2.0x FY … porsche macan delivery times uk