THG has reported a 2.1 per cent increase in its Q3 sales – up to £518.6m from £507.8m for the same quarter last year. Beauty performed strongly with 4.9 per cent sales growth.
CEO Matt Moulding said: “We remain committed to our strategy of supporting our customers around the globe through investment in price protection, without compromising on quality or choice.”
He added: “As the cost of living pressures rise, customers are continuing to prioritise beauty, health and wellness categories, and through investing in bringing them into and retaining them within the THG ecosystem, are laying the foundations for our future growth.”
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