Published: October 14, 2025 at 8:40 am
THG CEO Matthew Moulding wasn’t pulling any punches this morning when the online retailer gave an impressive Q3 trading update.
Group revenue is up 6.3 per cent to £405.2 while Q3 2025 represents the highest organic quarterly growth since Q4 2021.
The news has seen a significant increase in THG’s share price, which now stands at 39.56 – giving it a market cap of £550m.
Moulding took to LinkedIn to say the turnaround followed a ‘brutal’ rebuild of the business, which has seen THG reduce its headcount by almost 5,000 people since January 2022.
“If taking kicks to the nuts was a sport, we’d make the World Cup,” he wrote.