Ingenuity

Today’s news in brief-29/4/25

Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit…

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THG revenues rise 1.1% to £1.8bn in FY24

THG has seen its revenues rise by 1.1% year-on-year to £1.8bn in the year to 31 December 2024, while its…

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Today’s news in brief-23/4/25

THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking…

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THG rejects ‘undervalued’ takeover offer for Myprotein

THG’s board has confirmed that it received and rejected an “unsolicited, largely unfunded, highly conditional and non-binding” proposal from Selkirk…

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THG completes debt refinancing to 2029

Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029. The news comes…

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Today’s news in brief-1/4/25

Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance…

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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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THG successfully raises £90m with help from founder

THG has successfully fundraised £90m with the support from new investors and existing shareholders, including a £60m contribution from founder…

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THG Studios appoints new senior vice president

Creative agency THG Studios has appointed Richard Aldiss as senior vice president, to spearhead growth. His appointment will see THG…

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Today’s news in brief-29/1/25

Lord Wolfson, CEO of Next and Conservative peer, has leveraged his House of Lords position to propose amendments phasing in…

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