The Hut Group signs three-year deal with Holland & Barrett as shares jump

Online retailer THG has announced a major new deal with Holland & Barrett, and expects to meet financial expectations for the year. The company will use its Ingenuity platform to manage online sales for the health brand's customers. THG's chief executive Matthew Moulding said: "We feel this is a true demonstration of how the THG Ingenuity platform can provide incremental services to established brands, delivering operational excellence, becoming world class at a fraction of the cost and in a fraction of the time," The value of the three-year deal, which covers the UK and Ireland, was not disclosed. THG anticipates earnings before…