Cult Beauty

Frasers ups stake in THG to 10.92%

Mike Ashley’s Frasers Group has revealed it has increased its stake in THG from 4.8% to 10.92%, according to the…

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Frasers ups stake in THG to 4.8%

Mike Ashley’s Frasers Group has upped its stake in THG to 4.8% as it continues investing in a number of…

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THG hits FY expectations despite Q4 sales decline

THG has reported a decline in Q4 sales across some divisions, but remains on track to meet full-year expectations having…

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THG to axe 171 roles as staff ordered to return to office full-time

THG is reportedly set to axe 171 jobs across the business whilst “insisting” that staff return to the office five…

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Frasers acquires Coggles amid multi-year THG partnership

Frasers Group has announced it has agreed a multi-year partnership with THG which includes Frasers acquiring THG’s luxury brands business…

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THG to cut 160 jobs across three departments

THG has plans to cut 160 jobs across its marketing, sales and warehouse departments, The Times has reported.  It is…

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THG acquires skincare brand Biossance

THG has agreed to acquire skincare brand Biossance from US biotechnology group Amyris Inc for a maximum consideration of $20m…

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THG guidance remains unchanged despite losses widening

THG Group has reiterated that its adjusted EBITDA guidance for FY23 remains unchanged, despite its disposal of loss-making assets widening…

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THG snaps up City A.M.

THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that…

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THG in talks to buy City A.M.

Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…

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