THG Holdings completed the acquisition of Dermstore from Target for $350m.

The Hunt Group, a multi-website online retailer, completed the acquisition of Dermstore, a provider of personal care products, from Target, a company operating general merchandise discount stores, for $350m. "THG's acquisition of the US number 1 pure-play online prestige skincare business means over 20% of the Group's sales are now within the US, presenting an exciting opportunity to further scale the wider Group in a key global market, Matthew Moulding," THG Executive Chairman and CEO.