THG Ingenuity, the technology services division of THG, today announces the signing of a major contract with Nestlé Health Science (NHSc). THG Ingenuity will deliver a fully serviced, global ecommerce platform, to internationally scale a number of NHSc’s brands.
The partnership will provide NHSc with a single service-point, through the THG Ingenuity platform, to launch and scale brands online at pace. NHSc will harness THG Ingenuity’s unique end-to-end capability, technology services and geographical reach to launch some of its leading brands online in 20 territories across North America, Europe and Asia. The brands include OPTIFAST, Minami, and Klean Athlete.
THG Ingenuity will provide NHSc with global fulfilment and payment infrastructure, web development and hosting, digital marketing and content development, translation services, data science capabilities and global operations support. The partnership effectively allows NHSc to outsource the full ecommerce journey from customer acquisition through to product delivery to THG Ingenuity using its highly scalable and cost-effective model.
Nestlé’s long-term partnership with THG Ingenuity is a testament to its technology infrastructure and proven brand-building expertise. THG Ingenuity provides a cost-effective proposition while lowering execution risk from a proven technology service offering.
By leveraging THG’s proprietary technology and operating platform, THG has successfully built and scaled some of the biggest global direct to consumer (“D2C”) brands in the Health & Beauty industry, including Myprotein and lookfantastic.
Nestlé Health Science (NHSc), a wholly-owned subsidiary of Nestlé, is a globally recognized leader in the field of nutritional science offering an extensive consumer health portfolio of industry-leading medical nutrition, consumer and VMS brands that are science-based solutions covering all facets of health from prevention, to maintenance, all the way through to treatment. NHSc is redefining the approach to management of health in several key areas such as pediatric health, allergy, acute care, oncology, metabolic health, healthy aging, gastrointestinal health, and inborn errors of metabolism. Headquartered in Switzerland, NHSc employs over 5,000 people around the world.
THG Ingenuity is THG’s end-to-end ecommerce platform, powering THG’s own business and provided as a service to brands and retailers around the world. The platform is currently partnered with leading international retailers, including Procter & Gamble, Walgreens Boots Alliance, Johnson & Johnson, Groupe L’OCCITANE and Nintendo, and enables the Group to dispatch over 68 million items to customers globally.
THG Ingenuity comprises access to THG’s international infrastructure across warehouse fulfilment, digital content studios and event spaces, an end-to-end proprietary software solution required to operate and scale retail brands, and a suite of in-house consultative and management services across trading, marketing and brand strategy. It is one of the only platforms that is underpinned by proven expertise as it has demonstrably scaled brands globally.
THG Ingenuity provides a highly differentiated service offering to its partners. Unlike other 3rd party global platforms that provide certain core online functionalities, THG Ingenuity provides a fully integrated and tailored end-to-end e-commerce business.
Matthew Moulding, Founder and Chief Executive Officer of THG, said:
“The agreement with Nestlé is a major endorsement for THG Ingenuity’s unique and comprehensive offering. We built THG Ingenuity from the ground up, designed specifically to cater for a brand’s every need from customer acquisition and content marketing to payments and processing through to delivery. It has now become the world’s most comprehensive brand and technology platform and we look forward to helping further power Nestlé Health Science’s international growth.
René Augstburger, NHSc Head of Strategy and Business Acceleration:
“THG Ingenuity will help Nestlé Health Science reach more customers around the world with science-based nutrition solutions. We are confident that THG will help fast-track our brands’ global expansion.”
ENDS
For more information, please contact:
The Hut Group (THG): Viki Tahmasebi, viki.tahmasebi@thehutgroup.com, 07966 028340
Notes to Editors
About The Hut Group
The Hut Group (THG) is an international online retailer and technology company. Founded in 2004 by CEO Matthew Moulding, Manchester-based THG now operates 178 localised websites, retailing goods in 169 countries. In the year to 31 December 2019, the Group grew sales by 24% to £1.14bn, with 66% of sales generated internationally. More than half of THG’s sales come from its own brand products. THG owns Lookfantastic and Myprotein amongst other brands operating primarily in the beauty and wellbeing sector.
About THG Ingenuity
THG Ingenuity is THG’s end-to-end ecommerce platform, powering THG’s own business as well as those of brands and retailers around the world. THG Ingenuity comprises access to THG’s international infrastructure across warehouse fulfilment, digital content studios and event spaces, an end-to-end proprietary software solution required to operate and scale retail brands, and a suite of in-house consultative and management services across trading, marketing and brand strategy. It is one of the only platforms that is underpinned by proven expertise as it has demonstrably scaled brands globally and now powers 3rdparty brands on a SAAS basis.
THG Ingenuity is partnered with leading retailers across the globe, including Procter & Gamble, Johnson & Johnson, Groupe L’Occitane, PZ Cussons Beauty and Nintendo. THG Ingenuity helped the Group dispatch over 80 million items during the year ended 31 December 2019 to customers across the world and saw THG reach the top of the Sunday Times profit track for two consecutive years.