Ingenuity

Frasers Group further increases stake in Hugo Boss

Frasers Group has announced that it has upped its investment in Hugo Boss, increasing its overall stake from €360m (c.…

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Frasers in talks to acquire Princesshay shopping centre

The Mike Ashley’s Frasers Group is reportedly in talks with Crown Estate to acquire Princesshay shopping centre in Exeter, according…

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THG re-elects chair despite small shareholder revolt

THG has re-elected its chair Lord Charles Allen with just 9.25% voting against his re-election despite vocal opposition. Kelso Group,…

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Today’s news in brief-24/6/24

Shein’s plans for a £50bn flotation in London are under threat due to mounting concerns from Chinese officials over negative…

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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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Today’s news in brief-23/4/24

UK’s grocery regulator is closely monitoring Tesco’s imposition of online supplier fees akin to Amazon. The Grocery Code Adjudicator initiated…

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THG sales rise 4.5% in Q1 amid ‘standout’ beauty performance

THG has seen overall sales “continue to strengthen” in its first quarter, as group revenues rose by 4.5% to £455m,…

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THG losses narrow as boss hails improved Q4 revenues

LookFantastic and MyProtein owner, THG, has reported that its losses before tax have narrowed to £252m during the year ending…

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Ingenuity appoints Alistair Crane as chairman

Ingenuity, the complete commerce business of THG plc, has appointed technology and payments entrepreneur Alistair Crane as its first chairman…

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Today’s news in brief-29/1/24

The UK experienced a significant increase in business administrations, with the retail sector being the hardest hit, accounting for 19%…

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