The Hut Group saw its group revenues increase by 38% on a constant currency basis to £507.8 million in its third quarter.
In the three months to 30 September, THG beauty sales were particularly strong with an uplift of 61.1% at constant currency, while sales from businesses in the nutrition category rose by 13.4%.
Following THG’s acquisition of Cult Beauty in August, the group said it has now migrated the brand to its Ingenuity platform ahead of schedule.
Looking ahead, THG is expecting it full year revenue growth to come in at between 38% and 41% on a constant currency basis.
It has also announced that it has appointed Russell Reynolds Associates to undertake a search for a new independent chair.
