Top credit insurer reduces cover to THG suppliers - report
21st Dec 2022 07:14
(Sharecast News) - A leading credit insurer has reportedly reduced cover to suppliers of online beauty retailer THG.
Read moreTHG backs FY outlook as Q3 revenues rise; signs new banking facility
25th Oct 2022 08:01
(Sharecast News) - THG backed its full-year outlook on Tuesday as it posted a rise in third-quarter revenues and said it had signed a new banking facility, sending shares in the e-commerce group surging.
Read moreJapan's SoftBank to offload entire THG stake
18th Oct 2022 07:47
(Sharecast News) - Japan's SoftBank has agreed to sell its entire stake in ecommerce group THG to the Qatar Investment Authority and co-founder Matthew Moulding.
Read moreTHG slumps after profit warning
15th Sep 2022 08:21
(Sharecast News) - THG tumbled on Thursday after the ecommerce retailer downgraded its full-year expectations amid a challenging trading environment and reported a 60% slid in first-half core earnings.
Read moreDirector dealings: THG chief buys, gives away £0.82m of shares
27th Jul 2022 17:22
(Sharecast News) - Online retail group THG was at the top of the list of director buys on Wednesday, after its chief executive officer gifted shares to a number of his friends.
Read moreTHG, SoftBank call off investment deal
26th Jul 2022 15:35
(Sharecast News) - THG was under the cosh on Tuesday after the ecommerce group said that it and SoftBank have called off a long-standing agreement for the Japanese conglomerate to buy a stake in the company for £1.1bn.
Read moreDirector dealings: THG's Charles Allen snaps up 1.15m shares
28th Jun 2022 15:21
(Sharecast News) - THG revealed on Tuesday that non-executive director Charles Allen had acquired 1.15m ordinary shares in the London-listed e-commerce retailer.
Read moreCiti resumes coverage of THG at 'buy', says beauty division underestimated
23rd Jun 2022 09:05
(Sharecast News) - Citi resumed coverage of ecommerce group THG on Thursday with a 'buy' rating and 220p price target.
Read moreTHG dismisses all recent takeover approaches, shares slide
16th Jun 2022 08:11
(Sharecast News) - THG said on Thursday that it had rejected an indicative, non-binding takeover proposal from Belerion Capital and King Street Management and that all the recent takeover approaches it has received have "significantly undervalued" the e-commerce group.
Read moreTHG founder would back £3bn takeover bid - report
23rd May 2022 08:03
(Sharecast News) - Matt Moulding, the billionaire co-founder of THG, would be prepared to take his online beauty company private for £3bn, according to media reports.
Read moreTHG shares surge as retailer rejects third takeover offer
20th May 2022 07:58
(Sharecast News) - Shares in e-commerce retailer THG surged early on Friday after the firm rejected a third takeover offer from Belerion Capital and King Street Capital Management a day earlier and news broke that property investor Nick Candy was also mulling a possible bid.
Read moreTHG rejects 'unacceptable' bid approaches as profits rise
21st Apr 2022 08:27
(Sharecast News) - UK online beauty and nutrition products seller THG on Thursday said it had rejected "numerous" takeover approaches and warned of flat annual earnings due to inflationary pressures.
Read moreSunday newspaper round-up: Twitter, M&S, TalkTalk
17th Apr 2022 17:10
(Sharecast News) - Elon Musk has begun discussions with possible partners for a bid on Twitter after the iconic social media outfit put in place a so-called 'poison pill' in an attempt to thwart a mooted £33bn takeover. That stratagem was preceded by Twitter's rejection of an offer from Musk last Friday worth $54.20 a share. The pill would be activated should Musk take his own stake over the 15% threshold. - Sunday Times
Read moreTHG names Charles Allen as chairman
22nd Mar 2022 08:47
(Sharecast News) - British retailer The Hut Group has tapped Charles Allen to take over as independent non-executive chairman, with immediate effect.
Read moreTelegraph forced to apologise over THG allegations
10th Mar 2022 12:14
(Sharecast News) - The Telegraph has been forced to apologise after alleging that skincare company Dermalogica was among brands that had been restricting the flow of stock to ecommerce group THG on concerns it was discounting too aggressively to hit sales targets.
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