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COVID-19 Impact on The Hut Group and its Future Prospects

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    Company Profile

  • October 2020
  • GlobalData
  • ID: 5205747
1h Free Analyst Time
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The post coronavirus (COVID-19) company impact report analyses the impact of the COVID-19 outbreak on The Hut Group & its future prospects.

The group’s revenue is forecast to increase by 30% in 2020, reaching USD1,749.2 mn, riding on the unprecedented rise in demand due to COVID-19.

THG will launch its USD5.9 bn London IPO in September 2020, backed by strong year over year financial performance and technological prowess

  • Many of the trends brought about by COVID-19 have been beneficial to The Hut Group (THG), especially the shift in spending from stores to online.
  • and THG’s continued efforts to improve its ecommerce platform will help it register a strong remainder of 2020.
  • THG’s customers from international markets have increased due to the optimization of the company’s international sites linguistically, through payment solutions, currency, and courier integrations.

Reasons to Buy
  • Use our revised 2020 forecast for The Hut Group to understand how it will perform this year.
  • Use our charts to review how The Hut Group's sales are split by region globally and how these regions have been impacted by COVID-19.
  • Use our in-depth analysis to review how The Hut Group has responded to COVID-19 and how this will affect its performance.

Table of Contents

Executive Summary
  • The Hut Group's exposure to COVID-19
  • The Hut Group's operational responses to COVID-19

Key findings
  • Key conclusions

Geographic spread analysis - COVID 19 vs The Hut Group Group Sales
  • Global & regional impact
  • Impact score for The Hut Group versus competitors
  • Financials for The Hut Group versus competitors

Revised 2020 revenue forecast
  • The Hut Group’s exposure

Latest News
  • Indications from Stock Price and Influencers
  • Company reaction
  • Indications from recruitment trends
  • Solidarity initiatives

  • Methodology

List of Figures
  • Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.
  • Countries/ regions affected by COVID-19
  • Spread of The Hut Group group sales in 2019
  • COVID-19 global impact score for The Hut Group versus competitors
  • The Hut Group global revenue and year on year growth 2015-2020
  • The Hut Group exposure: by region vs regional impact levels

Companies Mentioned

A selection of companies mentioned in this report includes:

  • The Hut Group
  • Boots.com
  • Superdrug.com
  • thebodyshop.com
  • maccosmetics.co.uk
  • Optimum Nutrition
  • Amway
  • Scitech Nutrition