The Hut Group acquires luxury skin care brand Perricone MD for $60m

Published: 30-Sep-2020
Skin Care Finance

The beauty conglomerate aims to transform Perricone MD into a digital-first and global brand through its THG Ingenuity platform

You need to be a subscriber to read this article.
Click here to find out more.

The Hut Group (THG) has acquired premium skin care brand Perricone MD for US$60m.

The US brand specialises in science-led products, but also

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Finance

THG revenue growth boosted by beauty's 'standout performance'

Read more
The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023

Trending Articles

  1. Cosmetics Business Picks: 7 beauty launches to pick up this week Cosmetics Business takes a look at seven beauty launches that have caught our eye this week, including a look at Weleda’s new Firming Face Care range
  2. Beiersdorf Q1 sales top €2.6 billion as Nivea drives growth Beiersdorf’s derm brands Eucerin and Aquaphor also reported double digit growth during the quarter
  3. Beiersdorf opens 'agile working' campus in Hamburg The 51,000sqm space includes a newly-built corporate headquarters
  4. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands

Upcoming event

Pure Beauty Global Awards 2024

23 May | London, United Kingdom See all

You may also like

Finance

THG revenue growth boosted by beauty's 'standout performance'

The increased revenues reported in Q1 builds on THG’s return to growth in the final quarter of 2023
Finance

THG losses narrow in 2023 despite sales dip

The Lookfantastic owner returned to growth in the final quarter of 2023 after reporting a 1.1% jump in revenues
Finance

THG rumoured to be cutting 160 jobs

The retail group is allegedly axing staff at both its Ingenuity business and Omega warehouse in Warrington, UK
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients

Ectoin crowned skin care’s must-have ingredient this year

Ectoin is forecasted to be beauty’s breakout star this year, with both consumer and brand interest in the amino acid derivative on the rise
Finance

THG returns to growth in Q4 as beauty sales rise

THG has partnered with wellness retailer Holland & Barrett to provide operational services through its Ingenuity platform
Finance

THG urged to affirm break-up plans by activist shareholder Kelso

Kelso Group has reportedly written to THG’s board, requesting the company’s proposals for a potential demerger of its three business divisions
Finance

THG revenues improve as beauty bolsters Q3 sales

The improved constant currency earnings has resulted in THG’s full-year outlook for 2023 remaining unchanged at 0% to -5%
Subscribe now