THG

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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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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