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 [...]
Huel scooped up by French food giant Danone Retail Huel, the meal-in-a-bottle brand backed by Steven Bartlett, is to be bought by French food giant Danone in a deal worth around €1bn, winning its British founder a £400m payout. The protein shake maker has agreed to a sale to the French consumer goods company as part of its pivot towards nutrition under its new chief [...]
THG shares jump as MyProtein owner returns to revenue growth Retail THG – the London-listed firm behind fitness supplement brand Myprotein – has reported a jump in revenue growth ahead of its AGM today. The group, founded by businessman Mathew Moulding, recorded positive revenue growth across its Beauty and Nutrition divisions on a constant currency basis and reiterated its full-year targets. Shares rose by over 10 [...]
Zoe advert featuring Steven Bartlett banned for being ‘misleading’ May 21, 2025 An advert featuring Dragons’ Den star Steven Bartlett for nutrition brand Zoe has been banned after being ruled to be misleading. The Advertising Standards Authority (ASA) has found against the Facebook advert for Zoe’s Daily30+ supplement which the brand claimed contained “just real food” and “no ultra-processed” ingredients. The watchdog said the advert, which included [...]
Holland & Barrett: Huge losses continue despite sales surge May 15, 2025 Holland & Barrett has suffered another year of losses despite its sales continuing to climb. The Nuneaton-headquartered health foods store chain has reported a pre-tax loss of £61.8m for the 12 months to the end of September 2024. The latest total comes after the retailer also lost £65.3m in the prior 12 months and £59.6m [...]
England rugby’s nutritionist on social media dangers and advising City traders March 24, 2025 Rugby fans watching England’s explosive renaissance at the recent Six Nations might have been left wondering just what they’d had for breakfast. One person who knows the answer is James Morehen, men’s performance nutritionist at the Rugby Football Union and part of a backroom team that has helped Steve Borthwick’s young side emerge from the [...]
Dragons’ Den star Steven Bartlett quits Huel board February 4, 2025 Dragons’ Den star Steven Bartlett has stepped down as a director of nutrition brand Huel, it has been revealed. The celebrity entrepreneur, who has been a long-time investor in the company, had held the role since early 2021. However, a new filing with Companies House has confirmed the Diary of a CEO podcast host has [...]
Founder Favourites: Brains, guts and startups – what nutrition brands aren’t telling you October 4, 2024 What do brains, guts and startups even have in common? Well, most entrepreneurs tell you to follow your gut instinct – but these founders told Jennifer Sieg and Emmanuel Nwosu to only follow your guts if your brain is healthy. According to their studies, there is a significant connection between both organs. Dan Murray-Serter and [...]
The brothers brewing a Dirtea ‘shroom boom’ in the City August 21, 2024 When burnout hit, Andrew and Simon Salter didn’t rest up. They set out to change the City's views on wellness with their mushroom business; Dirtea.
Reckitt Benckiser: ‘Significant damage’ from tornado will hit baby formula sales July 17, 2024 Baby formula sales at Reckitt Benckiser are set to be hit by “significant damage” to a warehouse which was struck by a tornado, the consumer hygiene company has said.