THG is the separately listed group behind Myprotein and beauty retailers Lookfantastic, Cult Beauty and Dermstore. Frasers has a minority voting interest. [1][2][3]
01 / Behind the name
Who owns THG?
Public · Frasers minority investment · 11.085096% voting rights attached to shares [1][2][3]
01
Separate listed issuer · selected Frasers interest below
The notification published 16 September 2026 reports direct share votes as at 15 September, with no instruments. The Ashley-to-Frasers notification chain is one reported block, not two independent investments. THG's beauty retailers also stock independent brands, and THG Ingenuity was demerged. Minority investment does not establish that Frasers directly owns every THG operating brand. [1][2][3]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
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Investors in THG
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
The notification published 16 September 2026 reports direct share votes as at 15 September, with no instruments. The Ashley-to-Frasers notification chain is one reported block, not two independent investments. THG's beauty retailers also stock independent brands, and THG Ingenuity was demerged. Minority investment does not establish that Frasers directly owns every THG operating brand.