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2025 was a ‘great year’ for THG despite sleepless nights – Moulding

Published: January 8, 2026 at 7:49 am

Author: Chris Maguire

THG CEO and founder Matt Moulding has provided an upbeat assessment about THG Ingenuity on the first anniversary of the technology company’s demerger.

Last January the loss-making THG Ingenuity split from the profitable THG Beauty and THG Nutrition to become a standalone business.

The demerger took place after 89 per cent of shareholders voted in favour of the split.

Writing on LinkedIn, Moulding admitted to some ‘sleepless nights’ but said THG Ingenuity had made significant progress in 12 months.

Reflecting on 2025 as a whole he said: “THG life is usually closer to whack-a-mole. Something goes right, something else breaks.

“You bounce from one opportunity/problem to the next, trying not to dwell too much on either the wins or the worries.

“That’s been the rhythm through the 21 years since we started THG, and I’m not sure it ever really changes. This is just founder life.”

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