THG

THG terminates takeover talks

THG has announced that it has terminated takeover talks with Apollo Global Management as it believes Apollo has undervalued the…

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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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THG faces takeover bid as FY losses widen 

THG has seen its operating loss more than double to £495.6m in the preliminary results for FY22, which closely follow…

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THG signs 10-year partnership with Maximo Group

THG PLC has announced a new partnership with beauty e-commerce retailer Maximo Group, home to sites including All Beauty and…

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THG names Damian Sanders as CFO

THG has named Damian Sanders as its new chief financial officer (CFO), who assumes the role with immediate effect.  Sanders…

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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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THG welcomes resilient Q3 and maintains FY guidance 

THG has welcomed a “resilient” Q3 as revenues grew by 2.1% in the quarter ended 30 September, while THG Beauty…

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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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