THG raises £95m in share sale, Frasers Group buys in
Manchester-based online retailer THG said it raised £95.4 million from equity investors, including £10 million from Mike Ashley’s Frasers Group, as it prepares to spin…
Manchester-based online retailer THG said it raised £95.4 million from equity investors, including £10 million from Mike Ashley’s Frasers Group, as it prepares to spin…
Manchester-based retailer THG plc is pushing ahead with its plan to demerge its fulfillment division Ingenuity and said it planned to raise £75 million to…
Manchester-based online retailer THG forecast full-year profit towards the lower end of analyst estimates, hurt by the sagging Japanese yen, and said it was pushing…
Manchester-based online retailer THG said on Monday it agreed to sell its portfolio of luxury goods websites to Frasers Group for an undisclosed sum. THG…
Activist investor Kelso Group Holdings plc said it will vote against the re-election of THG plc chair Charles Allen next month, in protest at the…
Shares of Manchester-based consumer brands giant THG plc rose as much as 5% after it said its group continuing revenue rose 4.5% to £455.4 million…
Shares of Manchester-based consumer brands giant THG plc fell as much as 8% after it announced revenue fell 8.4% to £2.045 billion in the year…
Manchester-based consumer brands giant THG plc announced that Iain McDonald has informed the board of his intention to step down as a non-executive director at the…
Manchester-based consumer brands giant THG plc has confirmed the extension of its revolving credit facility (RCF) by 17 months to May 2026. “The £170 million facility…
Shares of Manchester-based consumer brands giant THG plc rose as much as 10% after it announced an agreement in principle with wellness retailer Holland & Barrett…
Manchester-based consumer brands giant THG plc said it agreed to acquire skincare brand Biossance for a maximum consideration of $20 million. “Since inception in 2015, Biossance…
Shares of Manchester-based consumer brands giant THG plc fell as much as 20% after it announced results for the half-year ended June 30, 2023, showing revenue…
Matt Moulding’s Manchester-based online retailing giant THG plc has agreed to buy London-based business newspaper City AM. Moulding has had a fractious relationship with London’s…
Manchester-based consumer brands giant THG plc said on Friday it sold entertainment products division THG OnDemand to a company led by the unit’s management and…
Manchester-based consumer brands giant THG plc announced that its co-founder and CEO Matthew Moulding has given up his “golden share” rights in the company, which gave…
By Mark McSherry Manchester-based consumer brands giant THG plc announced it has terminated talks with with New York private equity firm Apollo Global Management on Apollo’s indicative…
Matthew Moulding, founder and CEO of Manchester-based consumer brands giant THG plc, has blasted the London Stock Exchange (LSE) and the UK’s Financial Conduct Authority…
Manchester-based consumer brands giant THG plc announced that advertising and marketing veteran Sue Farr has been appointed senior independent director of THG with immediate effect. “Sue…
Shares of Manchester-based consumer brands giant THG plc fell about 17% on Tuesday after it published results for the financial year ended December 31, 2022, and…
By Mark McSherry Shares of Manchester-based consumer brands giant THG plc rose about 30% on Monday after it confirmed it received “a highly preliminary and…
Shares of Manchester-based consumer brands giant THG plc rose as much as 8% as it announced a new partnership with beauty e-commerce retailer Maximo Group, home…
Manchester-based online holiday retailer On the Beach Group plc (OTB) said THG executive Jon Wormald will join the firm on June 30 as group chief financial officer…
New investment firm Kelso Group Holdings Plc said on Tuesday it has bought a small shareholding in online nutrition and beauty giant THG, which it…
Manchester-based consumer brands giant THG plc announced that former Deloitte audit partner Damian Sanders has been appointed its chief financial officer (CFO) with immediate effect. …
Shares of Manchester-based THG plc fell as much as 17% after the firm announced it is reviewing the future of its loss-making businesses outside of…
Shares of THG plc, the Manchester e-commerce, beauty and nutrition firm, rose as much as 20% on Tuesday after the troubled online retailer revealed the key…
Shares of THG plc, the Manchester e-commerce, beauty and nutrition firm, rose about 13% after SB Northstar LP, a trading arm of Japan’s Softbank, agreed to…
Shares of THG plc, the Manchester e-commerce, beauty and nutrition giant, fell about 11% on Thursday after it cut its full-year sales and profit expectations. That’s…
THG plc, the Manchester e-commerce, beauty and nutrition giant, announced it has terminated its “option and collaboration agreement” with a unit of Japan’s SoftBank Group…
THG plc, the Manchester e-commerce, beauty and nutrition giant, announced that its chair Charles Allen bought 1.15 million ordinary shares in the firm at a price…
Shares of Manchester-based THG fell about 20% on Thursday after two potential bidders for the e-commerce, beauty and nutrition giant walked away and THG said it had rejected…
Shares of Manchester-based THG rose 25% to £1.45 on Friday after the e-commerce, beauty and nutrition giant revealed late on Thursday it had rejected a £2.07…
THG plc, the Manchester e-commerce, beauty and nutrition giant, confirmed late on Thursday that it “received a third unsolicited, highly preliminary and indicative non-binding” takeover proposal…
Shares of Manchester e-commerce, beauty and nutrition giant THG plc rose about 20% on Thursday after it revealed it has received “indicative proposals” on a potential…
Manchester e-commerce, beauty and nutrition giant THG plc announced that corporate board veteran Charles Allen is joining THG as independent non-executive chair with immediate effect and…
Manchester e-commerce, beauty and nutrition giant THG plc announced on Tuesday that “it it knows of no notifiable reason” for the fall in its share…
Shares of Manchester e-commerce, beauty and nutrition giant THG plc soared as much as 20% in late Friday afternoon trading following speculation in a deals…
Manchester e-commerce, beauty and nutrition giant THG plc said on Tuesday its 2021 revenue rose 37.9% to £2.2 billion. However, the company’s shares fell as much…
Matthew Moulding, founder and CEO of Manchester e-commerce, beauty and nutrition giant THG plc, told GQ magazine in an interview he should have listed the company…
BlackRock, the second-largest shareholder in troubled Manchester e-commerce, beauty and nutrition giant THG plc, is selling nearly half its stake in the company at a 10%…
Funds managed by Blackrock are selling about 55 million shares in troubled Manchester-based e-commerce, beauty and nutrition giant THG plc, Reuters reported, citing a bookrunner. Blackrock…
Shares of THG, the Manchester-based e-commerce, beauty and nutrition giant, fell another 21% on Tuesday despite the group publishing a third quarter trading statement showing…
Manchester-based online beauty and nutrition retail giant The Hut Group (THG) said on Monday its CEO Matthew Moulding “in furtherance of good corporate governance” has confirmed…
(Updates with Wednesday statement from THG and AJ Bell comment) Shares of Manchester-based online beauty and nutrition retail giant The Hut Group (THG) plunged another…
Manchester-based online beauty and nutrition retail giant The Hut Group (THG) announced on Thursday it will spin off its online beauty business THG Beauty next year…
Darlington-based commercial vehicle hire company Northgate Plc said on Thursday that its non-executive chairman Andrew Page — currently under attack from activist shareholder Crystal Amber…
Darlington-based van hire company Northgate Plc said its revenue increased 10.4% to £349.7 million in the six months to October 31 — but profit before tax…
Darlington-based vehicle hire company Northgate Plc said its chief finance officer Paddy Gallagher has been summarily dismissed “due to his conviction for the summary offence…
Shares of Darlington-based vehicle hire company Northgate Plc fell 16% after it said its profit before tax fell about 7% to £72.2 million in the year…
Liverpool-based TJ Morris, the family firm behind discount chain Home Bargains, reported an increase in turnover from £3.4 billion to £3.7 billion in the year to…
Manchester-based online holiday retailer On the Beach Group plc (OTB) said its revenue rose 38% to £73.2 million in the six months to March 31, 2023, while…
Sunderland-based furniture and floorings company ScS Group announced that Chris Muir will step down as chief financial officer. ScS said the process to identify a successor…
New research from Manchester-based venture capital firm Praetura Ventures argues that the UK economy is losing out on a potential £92 billion to GDP due…
Manchester-based online beauty and nutrition retail giant The Hut Group (THG) said on Wednesday that it agreed to buy online retailer Cult Beauty for £275…
Manchester-based online beauty and nutrition retail giant The Hut Group (THG) on Friday announced changes to the structure and composition of its board committees — including…
Manchester-based online beauty and nutrition retailer The Hut Group (THG) announced a complex investment agreement with Japan’s SoftBank Group late on Monday. The Hut Group…
Manchester-based online beauty and nutrition retailer The Hut Group (THG) said it has conditionally agreed to acquire Brighter Foods Limited, a specialist developer and manufacturer of…
Manchester-based online beauty and nutrition retailer The Hut Group (THG) said on Thursday its revenue jumped 42% to £1.6 billion in the year to December…
UPDATE 3 — Manchester-based beauty and nutrition giant The Hut Group (THG) said some of its shareholders sold a total of 32.89 million shares in the…
Manchester-based beauty and nutrition giant The Hut Group (THG) said on Tuesday it now expects full-year 2021 revenue growth to be between 30% and 35% ahead of…
Shares of Manchester-based beauty and nutrition giant The Hut Group (THG) rose about 9% on Tuesday after it agreed to acquire Dermstore.com for $350 million (£260…
Manchester-based e-commerce, beauty and nutrition giant The Hut Group (THG) on Monday raised its annual revenue forecast for the second time since its September IPO. Full-year 2020…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) — currently under fire for its chief executive’s pay package — said on Tuesday it appointed corporate…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) has announced a series of new client wins with BWX Ltd, Lulu Guinness and Orlebar Brown. The…
Shares of Manchester-based consumer brand and e-commerce giant The Hut Group (THG) rose as much as 10% on Monday after it lifted its full-year revenue guidance in…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) said on Thursday it will create a further 500 permanent jobs in the next three months across…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) on Wednesday announced the acquisition of US skincare brand Perricone MD for $60 million in cash. The…
Shares of Manchester-based consumer brand and e-commerce giant The Hut Group (THG) soared as much as 30% in the company’s first day of trading on the…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) on Thursday priced its initial public offering (IPO) of stock at £5 per share, which implies…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) on Thursday confirmed its intention to float on the London Stock Exchange. The Hut Group, which…