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

Summary

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

Scope

• 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.