Latest news with #THGFulfil
Yahoo
27-06-2025
- Business
- Yahoo
THG sees return to revenue growth in Q2 2025
British e-commerce retailer THG has observed a return to group revenue growth in the second quarter of 2025, with a notable improvement in sales within its beauty and nutrition segments. The announcement was made in an update on the company's financial performance before its upcoming Annual General Meeting (AGM). The group stated that this positive trend, particularly marked by robust revenue generation in June, allows it to maintain its financial projections for the fiscal year 2025 consistent with previous forecasts. In the beauty segment, revenue decline is expected to be between 2% and 3%, a significant recovery from the 9.8% drop in the first quarter (Q1). Within that segment, retail operations, which form the bulk of the business, demonstrated robust performance. Notably, the UK market, which is their largest territory, saw its highest growth rate since the first quarter of 2024. The company's strategic move to exit less profitable markets in Asia and Europe will complete its annual cycle in the third quarter, effectively eliminating any negative impact on year-on-year revenue comparisons from that point forward. Revenue from THG's own beauty brands did not meet expectations for the quarter due to the timing of significant customer orders. However, the company expects to reverse this in the second half. THG nutrition has continued to show positive momentum, with new customer growth leading to solid online performance. Q2 2025 is expected to see revenue growth of between 5% and 7%, marking the fastest growth rate since Q1 2022. THG stated: 'Whilst our direct exposure to tariffs is expected to be less than £1m pre mitigating actions, we continue to monitor the changes to US trade policy and reciprocal actions for an adverse impact on raw material supply chains and US consumer sentiment.' In early June 2025, THG Fulfil partnered robotics provider Libiao to install 430 T-sorting robots into its Manchester warehouse facility. "THG sees return to revenue growth in Q2 2025" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fashion United
19-06-2025
- Business
- Fashion United
THG Commerce launches new Hyrox global DTC ecommerce platform
THG Commerce, the end-to-end ecommerce platform from THG Ingenuity, has launched a new direct-to-consumer ecommerce platform for Hyrox, the fitness racing event. The website launch is part of a wider partnership between the two parties to drive long-term growth for Hyrox as it expands globally. Hyrox will benefit from extensive support across ecommerce, marketing, and fulfillment while accessing services from re-platforming its D2C ecommerce website, customer services, sales processing, and international fulfillment. 'Our partnership with THG Commerce marks an exciting new chapter for Hyrox as we launch a new global ecommerce platform,' said Moritz Fürste, Co-Founder at Hyrox, in a statement. 'Athletes across the world can now purchase official Hyrox products and exclusive collections from global partners on the website, which THG Commerce has been integral to making happen at speed and scale. We're thrilled to be taking this next step in the brand's evolution and giving athletes the ecommerce experience they deserve.' Hyrox will also leverage THG Ingenuity's logistics solution, THG Fulfil, to enhance its global fulfillment capabilities. With a network of over 250 courier partners serving 195 countries, the platform offers efficient, locally optimized delivery. Backed by a 200 million dollar investment in state-of-the-art infrastructure, THG Fulfil offers industry-leading next-day delivery cut-off times, with orders dispatched the same day when placed as late as 1 am. 'Hyrox has been an industry disruptor since it launched in 2017, and we're thrilled to join their journey to help solidify their global presence,' said Richard Ward, CEO at THG Ingenuity, in a statement. 'At THG Commerce, we're experts in connecting brands to customers where it matters most, removing complexity from the ecommerce journey to deliver real value.'
Fashion Network
24-04-2025
- Business
- Fashion Network
THG Fulfil says late cut-off for next-day delivery drives higher sales
THG Ingenuity had some interesting news this week about the value of next-day delivery and free delivery for e-tail orders. The e-commerce solutions provider (which is now a privately held company after THG separated it out last year) operates its THG Fulfil arm and said that following an analysis of around 40 million customer orders, its next-day delivery offer (which has a later-than-most cut-off time) 'is driving customer acquisition and higher value orders for brands and retailers' in the beauty and wellness & nutrition sectors. The company allows 'next-day' delivery (NDD) for orders placed up until 1am (effectively making it same-day) and it said 23% of NDD orders now come from first-time customers after midnight. The analysis also showed that between 10pm-11pm, a fifth (20%) of wellness & nutrition NDD orders come from first-time customers, with this rising to nearly a quarter (23%) between 12am-1am. For beauty consumers, where urgency tends to be lower, 8% of post-10pm orders come from new customers. THG itself largely uses THG Fulfil for its Beauty division fulfilment. The company said the data shows 'THG Fulfil has captured the late-night shopper demand with its market-leading 1am NDD offering'. 'The trend is clear. Late-night fulfilment drives commercial success: our customers are receiving new orders while their competitors sleep,' said Tom Killeen THG Ingenuity COO. THG Fulfil's data analysis shows that 82% of all NDD orders are placed after 2pm, and more than a quarter (27%) are placed after 10pm (up 7% versus 2024), 'offering a clear incentive for both customers and retailers to extend NDD order periods as late as possible'. The analysis also reveals that 'free delivery has generated an 11% uplift in subsequent order value, delivering an impressive 10x return on investment'. Killeen added: 'We've seen first-hand how fulfilment can make or break customer experience and brand reputation in e-commerce. We've always believed fulfilment is a growth driver, impacting customer retention and acquisition – our data now confirms that delivering on the demand for immediacy has a direct impact on new customer acquisition and attracting high-value shoppers willing to pay for premium, rapid delivery via multiple options.'
Fashion Network
24-04-2025
- Business
- Fashion Network
THG Fulfil says late cut-off for next-day delivery drives higher sales
THG Ingenuity had some interesting news this week about the value of next-day delivery and free delivery for e-tail orders. The e-commerce solutions provider (which is now a privately held company after THG separated it out last year) operates its THG Fulfil arm and said that following an analysis of around 40 million customer orders, its next-day delivery offer (which has a later-than-most cut-off time) 'is driving customer acquisition and higher value orders for brands and retailers' in the beauty and wellness & nutrition sectors. The company allows 'next-day' delivery (NDD) for orders placed up until 1am (effectively making it same-day) and it said 23% of NDD orders now come from first-time customers after midnight. The analysis also showed that between 10pm-11pm, a fifth (20%) of wellness & nutrition NDD orders come from first-time customers, with this rising to nearly a quarter (23%) between 12am-1am. For beauty consumers, where urgency tends to be lower, 8% of post-10pm orders come from new customers. THG itself largely uses THG Fulfil for its Beauty division fulfilment. The company said the data shows 'THG Fulfil has captured the late-night shopper demand with its market-leading 1am NDD offering'. 'The trend is clear. Late-night fulfilment drives commercial success: our customers are receiving new orders while their competitors sleep,' said Tom Killeen THG Ingenuity COO. THG Fulfil's data analysis shows that 82% of all NDD orders are placed after 2pm, and more than a quarter (27%) are placed after 10pm (up 7% versus 2024), 'offering a clear incentive for both customers and retailers to extend NDD order periods as late as possible'. The analysis also reveals that 'free delivery has generated an 11% uplift in subsequent order value, delivering an impressive 10x return on investment'. Killeen added: 'We've seen first-hand how fulfilment can make or break customer experience and brand reputation in e-commerce. We've always believed fulfilment is a growth driver, impacting customer retention and acquisition – our data now confirms that delivering on the demand for immediacy has a direct impact on new customer acquisition and attracting high-value shoppers willing to pay for premium, rapid delivery via multiple options.'
Fashion Network
24-04-2025
- Business
- Fashion Network
THG Fulfil says late cut-off for next-day delivery drives higher sales
THG Ingenuity had some interesting news this week about the value of next-day delivery and free delivery for e-tail orders. The e-commerce solutions provider (which is now a privately held company after THG separated it out last year) operates its THG Fulfil arm and said that following an analysis of around 40 million customer orders, its next-day delivery offer (which has a later-than-most cut-off time) 'is driving customer acquisition and higher value orders for brands and retailers' in the beauty and wellness & nutrition sectors. The company allows 'next-day' delivery (NDD) for orders placed up until 1am (effectively making it same-day) and it said 23% of NDD orders now come from first-time customers after midnight. The analysis also showed that between 10pm-11pm, a fifth (20%) of wellness & nutrition NDD orders come from first-time customers, with this rising to nearly a quarter (23%) between 12am-1am. For beauty consumers, where urgency tends to be lower, 8% of post-10pm orders come from new customers. THG itself largely uses THG Fulfil for its Beauty division fulfilment. The company said the data shows 'THG Fulfil has captured the late-night shopper demand with its market-leading 1am NDD offering'. 'The trend is clear. Late-night fulfilment drives commercial success: our customers are receiving new orders while their competitors sleep,' said Tom Killeen THG Ingenuity COO. THG Fulfil's data analysis shows that 82% of all NDD orders are placed after 2pm, and more than a quarter (27%) are placed after 10pm (up 7% versus 2024), 'offering a clear incentive for both customers and retailers to extend NDD order periods as late as possible'. The analysis also reveals that 'free delivery has generated an 11% uplift in subsequent order value, delivering an impressive 10x return on investment'. Killeen added: 'We've seen first-hand how fulfilment can make or break customer experience and brand reputation in e-commerce. We've always believed fulfilment is a growth driver, impacting customer retention and acquisition – our data now confirms that delivering on the demand for immediacy has a direct impact on new customer acquisition and attracting high-value shoppers willing to pay for premium, rapid delivery via multiple options.'
