THG hires new CEO of Beauty Brands
THG, the owner of Cult Beauty and Lookfantastic, has appointed Amy Fisher as CEO of Beauty Brands.
Fisher most recently served as Chief Executive at women’s reproductive care brand Lola until December 2023.
Prior to this, she was President of Wander Beauty and Chief Marketing Officer at Stila Cosmetics.
She has also worked at Ralph Lauren, Elizabeth Arden, The Estée Lauder Companies and L'Oréal in various roles.
In a post on LinedIn, Fisher said: "I am excited to announce that I have joined THG as the CEO of Beauty Brands.
"I'm thrilled to be joining such an amazing team and am grateful for the opportunity to work on so many amazing brands."
In addition to Cult Beauty and Lookfantastic, THG also owns beauty brands Glossybox, Perricone MD, Illamasqua and EPSA, amongst others.
The news comes after THG recently said it is considering spinning off its technology platform in the hope of restoring its share price, while it also reported slower sales this year.
The Manchester-based business runs a system called Ingenuity, which works closely with warehouses to manage online sales. It is used by beauty brands including Holland & Barrett and L’Oreal, as well as THG’s brands.
The move would leave THG with two consumer divisions, beauty and nutrition.
