THG

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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THG offloads OnDemand division

THG has recently sold its OnDemand division to a Newco led by the existing OnDemand management team and funded by…

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THG expects increased H1 profits following strong Q2

THG has welcomed a “strong” second quarter of trading that is set to increase its first half profitability, with adjusted…

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Apollo drafts in former retail CEOs to help with THG offer

Apollo Global Management has reportedly drafted in former Coty and Holland and Barrett CEOs, Camillo Pane and Tony Buffin, to…

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THG appoints new senior independent director

THG has announced the appointment of Sue Farr as senior independent director with immediate effect. She has spent 16 years…

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UK retailers reassure investors amid Silicon Valley Bank collapse

UK retailers THG, Moonpig, and Naked Wines have moved to reassure investors of their financial security following the collapse of…

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THG lowers profit guidance as it launches new strategy

THG has revealed it now expects its EBITDA to come in between £70m-£80m, down from £100m-130m, due to lower full-year…

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THG partners with Bynder for new digital asset management platform

THG Ingenuity, THG’s proprietary technology platform specialising in taking brands direct-to-consumers (DTC) globally has partnered with Bynder, a global leader…

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SoftBank offloads THG stake to founder Matt Moulding

Tokyo-based investment management company, Softbank Group, has reportedly offloaded its entire stake in the UK ecommerce company THG, after its…

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THG losses widen despite revenues passing £1bn

THG has revealed its losses widened to £89.2m in the first half of the year to 30 June, despite seeing…

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