West Coast Capital first invested in The Hut Group (THG) in 2010. THG is an international technology company, focused on beauty and wellbeing retail. Founded in 2004 by CEO Matthew Moulding, Manchester-based THG now operates 166 localised websites, retailing goods in 164 countries. In the year to 31 December 2017, the Group grew sales by 47% to £736m, with international sales growing 62% to £512m (latest available figures).
Over half of THG’s sales now come from own brand products.