THG

UK retailers reassure investors amid Silicon Valley Bank collapse

UK retailers THG, Moonpig, and Naked Wines have moved to reassure investors of their financial security following the collapse of…

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THG lowers profit guidance as it launches new strategy

THG has revealed it now expects its EBITDA to come in between £70m-£80m, down from £100m-130m, due to lower full-year…

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THG partners with Bynder for new digital asset management platform

THG Ingenuity, THG’s proprietary technology platform specialising in taking brands direct-to-consumers (DTC) globally has partnered with Bynder, a global leader…

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SoftBank offloads THG stake to founder Matt Moulding

Tokyo-based investment management company, Softbank Group, has reportedly offloaded its entire stake in the UK ecommerce company THG, after its…

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THG losses widen despite revenues passing £1bn

THG has revealed its losses widened to £89.2m in the first half of the year to 30 June, despite seeing…

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THG rejects ‘undervalued’ takeover approaches

THG has announced it has rejected all unsolicited proposals for the company deeming them to be “unacceptable” and to “significantly…

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THG to gift shares to 500 staff

Online beauty retailer THG has announced it is to gift shares to 500 of its employees. The Manchester-based firm said…

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THG boss eyes plans to grow capacity to £14bn orders a year

THG boss Matthew Moulding is reportedly eyeing up plans to increase its capacity in order to handle up to £14bn…

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THG hands FCA dossier on ‘irregular’ trading claims

THG has reportedly handed over a dossier to the financial watchdog the FCA which it hopes will prove that it…

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THG boss reveals regret over London IPO

THG founder Matthew Moulding has revealed he regrets the decision to float the company on the London Stock Exchange last…

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