Hut Group reveals IPO plan that values firm at £4.5bn
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) said on Thursday it is planning an initial public offering on the main market of the London Stock Exchange…
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Manchester’s Hut Group ‘hires banks for £4bn IPO’
Manchester-based consumer brand and technology giant The Hut Group (THG) has appointed a group of investment banks to work on a possible stock market flotation…
Hut Group’s Ingenuity signs £100m beauty brand deals
Manchester-based consumer brand and technology firm The Hut Group (THG) said on Monday its technology services division THG Ingenuity signed major partnership agreements with global beauty…
Manchester’s Hut Group grows sales 24% to £1.1bn
Manchester-based consumer brand and technology firm The Hut Group (THG) said on Wednesday its sales rose 24% to £1.14 billion and gross profit increased 22%…
Manchester’s Hut Group to launch its own airline
Manchester-based global consumer brand and technology firm The Hut Group (THG) said on Thursday it will launch its own cargo airline called THG Air via…
Blue Prism raises £100m in share sale; CEO departs
Warrington-based robotic process automation (RPA) software firm Blue Prism said on Tuesday it raised £100 million by selling just over nine million shares in a…
Manchester’s Hut Group signs major Nestlé contract
Manchester-based online beauty and wellness firm The Hut Group (THG) said on Friday its technology services division THG Ingenuity signed a major contract with Nestlé Health…
Manchester’s Hut Group hires 500 to meet demand
Manchester-based online beauty and wellness firm The Hut Group (THG) said on Friday it plans to bring forward the creation of more than 500 new…
Manchester’s Hut Group raises €1bn for expansion
Manchester-based online beauty and wellness firm The Hut Group (THG) said it raised about €1 billion in capital to help fund expansion. The new capital comprises a…
Manchester’s Hut Group in £660m debt finance move
Manchester-based online beauty and wellness firm The Hut Group (THG) on Thursday announced the launch of its inaugural Term Loan B (TLB) debt issuance. THG said it is…
Warrington robotics firm Blue Prism raises £100m
Warrington-based robotic process automation (RPA) software firm Blue Prism said on Thursday it raised £100 million in a share placing as it revealed its revenue…
Manchester Airports H1 revenue tops £508m
Manchester Airports Group (MAG) said its revenue increased 8.3% to £508.5 million and EBITDA rose 3.7% to £244.5 million in the six months to September 30….
Hut Group invests $1bn for new Manchester HQ
Manchester-based online beauty firm The Hut Group (THG) said on Monday it agreed a deal to develop 1 million square feet of office and studio space near…
Hut Group buys Acheson & Acheson for up to £100m
Manchester-based online beauty firm The Hut Group (THG) said on Monday it acquired beauty contract manufacturer and product developer Acheson & Acheson in a deal understood to be…
Manchester’s Hut Group hires 2,000 as sales hit £736m
Manchester-based online beauty firm The Hut Group (THG) said its group sales rose 47% to £736 million in the year ended December 31, 2017 — and that…
NCC installs exec chairman amid upheaval
Manchester-based cyber security company NCC Group said on Monday it appointed Chris Stone as executive chairman with effect from April 6, 2017. “It is intended that he will…