THG shares soar as it swings back to profit in ‘coming of age moment’ Markets THG shares soared on Thursday after the e-commerce firm swung back to profit, with pre-tax earnings exceeding market expectations. The London-listed beauty and nutrition retailer posted profit after tax of £54.1m for 2025, turning around a loss of £326m the previous year, helped along by pocketing £103m from the sale of ingredients business Claremont in [...]
Estée Lauder loses over £360m as it prepares to cut jobs Retail Estée Lauder, the beauty giant behind brands such as Clinique, MAC, and Jo Malone, has slumped to a loss of more than £360m in the UK and Ireland as it prepares to cut thousands of jobs. The US multi-national, which is also the owner of Bobbi Brown, Aveda and Tom Ford, posted a pre-tax loss [...]
Coty: Rimmel and Max Factor owner slumps to £53m UK&I loss Retail The UK and Ireland arm of Coty, the global beauty and cosmetics giant behind the likes of Rimmel and Max Factor, slumped to a loss of more than £50m during its latest financial year. The Kent-headquartered division has posted a pre-tax loss of £53.4m for the 12 months to 30 June, 2024, according to newly-filed [...]
Revolution Beauty raises guidance as it ploughs ahead with growth plans March 27, 2024 Scandal-stricken Revolution Beauty has raised its profit guidance for the year, as it ploughs ahead with plans to reach £1bn in retail sales over the next six years.