Report: Beauty Suppliers Restricting Products to THG

THG is reportedly in financial trouble over its corporate governance, cashflow and value of its tech arm Ingenuity.
THG is reportedly in financial trouble over its corporate governance, cashflow and value of its tech arm Ingenuity.

Beauty suppliers are reportedly restricting the products they send to THG in response to "aggressive discounting," according to Morningstar.

Dermalogica is said to be among the brands that have "reduced" supplies to the online retailer to protect their product's pricing.

As previously reported by Global Cosmetic Industry, THG is in financial trouble over its corporate governance, cashflow and value of its tech arm Ingenuity.

Private equity firms have expressed interest in purchasing the retailer.

More in Digital/E-commerce