THG

Today’s news in brief-25/3/25

WH Smith has successfully completed a refinancing deal, securing a £200m US Private Placement and a new £120m bank term…

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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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Today’s news in brief-18/2/25

Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China…

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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-31/1/25

Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers…

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THG appoints Milyae Park independent non-executive director

THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following…

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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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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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Today’s news in brief-23/1/25

Primark has revised its sales forecast for 2025 downwards following a challenging autumn trading period in the UK and Ireland.…

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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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