IPO
This coverage examines initial public offerings (IPOs) in the UK retail sector, focusing on company valuations, market conditions, investor response, and strategic objectives. Reporting highlights how retailers prepare for and navigate IPOs as part of their growth plans — offering insight for executives, financial managers, and professionals involved in retail finance and corporate strategy.
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Mar- 2021 -12 MarchOnline & Digital
JD.com Q4 revenues up 31%
Chinese online retailer JD.com reported a 31% increase in revenues during the fourth quarter of the year to RMB224.3bn (£24.7bn). The Q4 performance has beaten analyst expectations of RMB 220.3bn (£24bn) as the Covid-19 pandemic drove consumers to its online operations. The retailer also reported that income from operations for…
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10 MarchClothing & Shoes
In The Style raises £49m ahead of float on AIM
In The Style has announced its plans to float on admission (AIM) in the stock exchange after raising £49m in an oversubscribed placing. The admission will see the online retailer valued at approximately £105m with 52,499,998 ordinary shares in issue and a free float of approximately 44.2%. The group revealed…
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10 MarchComment
Choosing the right growth strategy for your e-commerce business
Why growth strategies dictate funding requirements Businesses should think carefully about what the right type of investor looks like for them and what types of investments they should make themselves. The type of investor you work with is best dictated by the amount of funding required and what it’s needed for. Broadly speaking there are two…
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1 MarchHigh Street
Russia’s Fix Price mulls London float
Fix Price, a Russian budget retailer, is reportedly set for an IPO of between £1.08bn and £1.22bn as the group targets a London listing for growth and international expansion. Founded in 2007, the group sells a range of essential products at under 250 rubles (£2.46), and operates over revenues of…
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Jan- 2021 -12 JanuaryOnline & Digital
The Hut Group revenue soars ahead of guidance in Q4
The Hut Group has announced that revenue soared by 51% to £558.7m in the three months ended 31 December 2020, outperforming a previous guidance of 40% to 45% growth. Revenue guidance was initially estimated to be 16% to 25%, but was raised last month following a “strong” peak trading performance…
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Dec- 2020 -7 DecemberOnline & Digital
The Hut Group ups revenue guidance for second time this year
The Hut Group has upped its revenue guidance for the second time since its listing earlier this year, with it now expecting revenue to increase up to 40% YOY. In its latest trading update, the group said it has seen new customer acquisition trends “further accelerate” into Q4 across all…
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Nov- 2020 -18 NovemberOnline & Digital
Hut Group appoints non-executive director
The Hut Group (THG) has appointed Damian Sanders as its independent non-executive director. Sanders, who until recently was a senior audit partner at Deloitte, is set to join the group’s board and take up the position of chair of the Remuneration committee with immediate effect. Last October, Sanders was appointed…
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17 NovemberNews
The Hut Group CEO to receive £830m shares payout
The Hut Group (THG) CEO Matthew Moulding is set to receive an £830m shares payout after the company’s share price increased significantly triggering a bonus clause. According to The Guardian, Moulding will receive the payout after the “market value of the company’s shares breached certain levels” that were set during…
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Oct- 2020 -20 OctoberLuxury Goods
Watches of Switzerland appoints new chairman
Watches of Switzerland has appointed Ian Carter as non-executive chairman of its board, with effect from 1 November. Carter brings 30 years of international and retail experience to the group and, most recently, has been CEO of Hilton International since 2005. He has also served on a number of boards…
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Aug- 2020 -27 AugustOnline & Digital
The Hut Group unveils £4.5bn IPO plan
Online retailer The Hut Group (THG) has confirmed its intention to launch a stock market flotation that values the company at around £4.5bn. The group plans to raise £920m through the sale which, according to Sky News, could lead to its founder Matthew Moulding receiving up to £700. It cites…
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