Shares in THG have fallen to a new record low after it was reported that stock being sent by suppliers of beauty products is being restricted over concerns about 'aggressive discounting'.
A Telegraph article published at the weekend said Dermologica, which is owned by Unilever, is one of a number of brands that have reduced supplies to the Manchester-headquartered group to protect their pricing.
The newspaper added that an industry source confirmed other suppliers were taking similar action against THG websites such as Lookfantastic.
