THG

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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Today’s news in brief-16/1/24

Card Factory reported a 10% increase in total sales for the 11 months ending December 2023, reaching £476.9m, driven by…

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THG sees Q4 revenue growth amid Holland & Barrett partnership

THG has reported a 1.1% revenue increase to £597m during Q4 2023, driven primarily by the beauty and ingenuity divisions.…

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Today’s news in brief- 3/1/24

Asda has appointed Matt Kelleher, former Chief Information Officer at Morrisons, as its first Chief Digital Officer. Kelleher will be…

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THG backs director after shareholder revolt

The board of THG has backed a non-executive director after his re-election was voted against by more than a fifth…

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THG launches sustainability partnership PACT

THG has announced the launch of THG Partnership in Action, or PACT, a new initiative focused on collaboration with suppliers…

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Today’s news in brief-7/12/23

Kelso, an activist shareholder in THG, has intensified its campaign for THG to clarify its plans to separate its three…

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Kelso ramps up THG break-up campaign

Activist THG shareholder Kelso has reportedly ramped up its campaign for THG to confirm its plans to diverge the three…

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Today’s news in brief-5/12/23

Independent luxury retailer Jules B is reportedly contemplating a Company Voluntary Arrangement (CVA) following a ransomware attack that occurred in…

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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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