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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

City comment: WPP imitation shows THG deserves some credit for its Ingenuity

THG CEO Matt Moulding

(Picture: THG)

THG has been given a right old kicking over the last year - but perhaps it’s due some credit.

The lipstick-to-protein shake seller, formerly known as The Hut Group, has seen its share price sink over 80% since last summer on a myriad of investor concerns. Chief among them: THG’s plan to spin out its beauty and health businesses and focus on its platform division, Ingenuity, instead.

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