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Boots pilot launching on TikTok Shop in partnership with THG Commerce on 28th September. Boots UK is kicking off a TikTok Shop pilot, in partnership with THG Commerce, involving a curated selection of No7 skincare and beauty products. Further brands and products are set to launch over the coming months. Paula Bobbett, Chief Digital and Data Officer at Boots, says: "Millions of people are already discovering beauty and skincare products through TikTok and the creators and communities that they trust. This launch gives us an exciting new way to be part of this dynamic experience and help more customers to discover new products and shop those they love in way that feels seamless and relevant to their lives." Daniel Callaghan, Business Development Manager at THG Ingenuity, says: "Boots' debut on TikTok Shop is a testament to the growth and development that the platform has seen over the last few years. This forms part of Boots' wider ambition to create more connected customer experiences and bring beauty content, product discovery and purchase closer together. Through the platform, it aims to reach new audiences, while giving existing customers greater choice and flexibility in how and where they shop. Huge move, and well done to everyone involved." Over in the US, meanwhile, Best Buy is also launching on TikTok Shop. Starting in late October, the experience will feature nearly 10,000 products from brands including Oura, Bose, Dyson and Microsoft. Customers can browse products through shoppable videos, the Best Buy shop page, the shop tab and in-app product pages. And TikTok creators can bring products to life through shoppable videos and photos. "Social media isn't just influencing what people buy anymore. It's shaping how they discover products, with creators playing an increasingly important role in what people notice, consider and want to try," says Jonathan Greer, Vice President of E-commerce at Best Buy. "Launching on TikTok Shop lets us meet customers at that exact moment of discovery and make it easy to shop." 2026 RTIH Innovation Awards The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world. Its winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November. Its 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson. In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: "This is the awards' fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA's HQ in the West End." "But I'm conscious of the fact that, to quote the legend that is Taylor Swift, You're only as hot as your last hit, baby. So, this year we've moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records." He added: "This year's submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable." Congratulations to its winners, and a big thank you to its sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended its 2025 gathering.

THG PLC reported revenue of £828.7 million for H1 2026, up 7.2% year-on-year. Adjusted EBITDA more than doubled to £42.8 million compared to the prior year when adjusted for the Claremont Ingredients disposal. The company significantly improved its cash position, guiding for £25 million to £35 million positive free cash flow for the full year. Group headcount was reduced by approximately 25% over the past 18 months. Myprotein sold 58.5 million products in H1 2026, up 57% from 37.2 million units in the same period last year. The brand is on track to sell approximately 130 million units for full year 2026. THG Beauty's UK division, including Lookfantastic and Cult Beauty, achieved 6.7% growth. More than 50 new brands were added across beauty sites during H1.

THG beats guidance as EBITDA more than doubles. Quick Poll Which retail sector best fits your business? One click - no sign-up All data is anonymised. Polling helps Retail Sector better understand the Retail Sector audience and tailor its editorial. Latest Podcast Episode On this episode of Talking Shop Retail Sector is joined by Scott Erickson, VP of Sales, US and Global Channels at HappyOrNot. HappyOrNot captures real-time, point-of-experience micro-feedback across thousands of global retail environments. Drawing on insights from their Q2 2026 Retail CX Pulse report, Scott joins Retail Sector to challenge traditional ways of measuring customer satisfaction. THG has reported a 109% increase in like-for-like adjusted EBITDA to £42.8m for the first half of 2026, beating its guidance of at least £40m, as revenue growth across its Beauty and Nutrition divisions continued. Group revenues also rose 7.2% on a continuing constant-currency basis to £828.7m, ahead of previous guidance of 6.5%. Both THG Beauty and THG Nutrition remained in growth for the fourth consecutive quarter. Gross margin was unchanged at 41.1%, while Adjusted EBITDA margin increased to 5.2%, from 3.1% in H1 2025. Additionally, THG's statutory operating loss narrowed to £10.6m, compared with £30m in the prior-year period. The group reported a statutory loss for the period of £43.7m, compared with a £76.3m profit in H1 2025. The previous year's result included a one-off £142.4m gain from the demerger of THG Ingenuity. THG's Nutrition division saw a 9.2% increase in revenues to £328.5m on a continuing constant-currency basis. Excluding Asia, growth reached 12.1%. Adjusted EBITDA more than tripled to £26m, compared with £8.5m on a like-for-like basis in H1 2025. The division's gross margin also improved by 120 basis points to 44.6%, supported by its whey mitigation strategy, channel diversification and growth in higher-margin categories. Myprotein sold 58.5 million branded products worldwide during the half, up 57% year on year. The brand is on track to sell more than 130 million products during FY2026. THG Nutrition continued to expand its offline and B2B presence, with offline channel revenue up 22% year on year. The division also increased its licensing-out activity, with royalty income rising 64% and retail sales value reaching £75m, according to the group. Meanwhile, THG Beauty revenue increased 5.9% to £500.2m, while adjusted EBITDA rose 23.8% to £25m. Its EBITDA margin also improved by 80 basis points. Lookfantastic outperformed the UK beauty market, while Dermstore gained market share in the US. Lookfantastic also maintained its position as the number one multi-brand beauty retailer on UK TikTok Shop, with revenue from the channel increasing 26% year on year. The group delivered around 5% revenue growth across its core brands and markets in July and August and expects this growth to continue through September. However, it expects Q3 revenue growth of around 2%, partly due to the European heatwave, EU duties affecting THG Beauty and the phasing of own-brand beauty revenue into Q4 and FY2027. Additionally, THG expects Q4 revenue growth of between 6% and 7%, while remaining focused on generating positive free cash flow. For the full year, the group said its revenue, adjusted EBITDA and free cash flow expectations remain in line with consensus. The group is targeting £25m-£35m of positive free cash flow for FY2026. It added that potential sales of non-strategic brands and assets could generate proceeds higher than the £103m received from the sale of Claremont Ingredients in August 2025. If a sale takes place, THG said the proceeds could move the group from net debt to net cash positive in FY2027. THG said it remains confident in its baseline divisional EBITDA margins of 6% for THG Beauty and 12% for THG Nutrition, despite Nutrition margins remaining below historical and medium-term levels. Matthew Moulding, chief executive of THG, said: "THG delivered a strong first half, supporting a 57% increase in Myprotein branded products sold worldwide in H1, to 58.5m products. "The brand is on track to sell over 130m products in FY 2026, which we believe makes Myprotein not only the world's largest sports nutrition brand, but also the fastest-growing established brand by product volumes. THG Beauty continues to strengthen its position as a leading global digital beauty platform, underpinned by technology leadership, exciting new brand partnerships and strong brand health." Moulding added: "The strength of these first-half results demonstrates the progress Retail Sector has made and the quality of the group Retail Sector has today. Looking ahead, Retail Sector enter H2 with real momentum, while also acknowledging broader market challenges around consumer discretionary spend, record high whey commodity pricing, as well as recent EU tariffs. "The group has delivered significant initiatives to mitigate these headwinds, supporting FY 2026 consensus, while positive signs around the direction of whey input costs are encouraging for the future." Published: 3m ago