THG

Today’s news in brief- 1/11/23

Matthew Moulding, the founder of THG, has acquired a 3.2% stake in Kelso Group, a shareholder critical of THG’s business…

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THG founder takes 3.2% Kelso Group stake

THG founder Matthew Moulding has taken a 3.2% stake in Kelso Group, the shareholder that has been critical of his…

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THG commerce division Ingenuity strikes deal with L’Oréal

Ingenuity, the complete commerce division of THG plc, has signed a deal with L’Oréal to manage the direct-to-consumer (DTC) activities…

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THG maintains guidance following steady Q3

THG has maintained its full-year revenue and EBITDA guidance after welcoming its best quarterly revenue performance in the last year.…

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Today’s news in brief- 25/09/23

H&M has reversed its earlier decision to impose a processing fee of £1.99 for in-store returns of online purchases. The…

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THG’s £200m HQ sale falls through

THG boss Matt Moulding has reportedly seen his plan to offload the business park which hosts the headquarters of THG,…

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THG net-zero targets get validated by official body

THG, the global proprietary technology platform specialising in taking brands direct to consumers, announced the validation of its net-zero targets…

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THG guidance remains unchanged despite losses widening

THG Group has reiterated that its adjusted EBITDA guidance for FY23 remains unchanged, despite its disposal of loss-making assets widening…

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THG snaps up City A.M.

THG has announced the acquisition of London’s 18-year-old business newspaper, City A.M. The news comes after it was revealed that…

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THG in talks to buy City A.M.

Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…

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