THG plc (\u201cTHG\u201d or the \u201cGroup\u201d),\u00a0the global technology platform specialising in taking brands direct to consumers (\u201cD2C\u201d), announces that, further to the announcement made on 29 December 2020, it has completed the acquisition of Dermstore LLC (\u201cDermstore.com\u201d) following satisfaction of the completion conditions.<\/p>\n
Matthew Moulding, Executive Chairman and CEO commented:<\/strong><\/p>\n \u201cWe are delighted to welcome the Dermstore.com team to THG and accelerate our ambition to be the global digital partner of choice across the beauty industry.<\/p>\n \u201cTHG\u2019s acquisition of the US number 1 pure-play online prestige skincare business means over 20% of the Group\u2019s sales are now within the US, presenting an exciting opportunity to further scale the wider Group in a key global market.\u201d<\/p>\n<\/p>\n The post Completion of acquisition<\/a> appeared first on The Hut Group (THG)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" THG plc (\u201cTHG\u201d or the \u201cGroup\u201d),\u00a0the global technology platform specialising in taking brands direct to consumers (\u201cD2C\u201d), announces that, further to the announcement made on 29 December 2020, it has…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n