THG inks multi-year fulfilment and distribution deal with Frasers
24th Jun 2024 07:27
(Sharecast News) - Ecommerce services and fulfilment group THG has announced a new multi-year partnership with retail conglomerate Frasers Group that includes the sale of its portfolio of luxury goods websites.
Read moreMonday newspaper round-up: Macron, THG, LSE Group
10th Jun 2024 06:24
(Sharecast News) - France's president, Emmanuel Macron, has been accused of gambling with French democracy after announcing that he will dissolve parliament and call snap legislative elections in the wake of his allies' crushing defeat to Marine Le Pen's far-right National Rally (RN) in Sunday's European parliament elections. - Guardian
Read moreTHG investor to vote against chairman's reappointment
21st May 2024 15:35
(Sharecast News) - Activist investor Kelso has said it will vote against the reappointment of e-commerce retailer THG chairman Charles Allen in protest to what it considers to be a lack of progress in reviving the company's stock.
Read moreTHG hails 'standout' Beauty performance as Q1 revenues rise
23rd Apr 2024 07:37
(Sharecast News) - THG posted a jump in first-quarter revenue on Tuesday as it hailed a "standout" performance in the beauty business.
Read moreEarnings surge at THG despite revenue dip
10th Apr 2024 07:40
(Sharecast News) - Beauty-to-tech firm THG reported a jump in annual earnings on Wednesday, despite a dip in revenues.
Read moreTHG secures 17-month extension to revolving credit facility
4th Mar 2024 08:40
(Sharecast News) - THG announced the extension of its revolving credit facility (RCF) by 17 months on Monday, stretching its maturity to May 2026.
Read moreTHG returns to growth in Q4
16th Jan 2024 08:14
(Sharecast News) - E-commerce retailer THG returned to growth in Q4 as revenues rose in the final quarter of the year and H2 underlying earnings margins improved.
Read moreTHG to buy skincare brand Biossance for up to $20m
5th Dec 2023 09:07
(Sharecast News) - THG said on Tuesday that it has agreed to buy prestige skincare brand Biossance for up to $20m.
Read moreAustralia's Adore Beauty rejects takeover proposal from THG
27th Nov 2023 08:59
(Sharecast News) - Australia's Adore Beauty confirmed on Monday that it had rejected a takeover proposal from British ecommerce group THG.
Read moreAustralia's Adore Beauty rejects takeover proposal from THG
27th Nov 2023 08:59
(Sharecast News) - Australia's Adore Beauty confirmed on Monday that it had rejected a takeover proposal from British ecommerce group THG.
Read moreTHG returns to revenue growth in September
17th Oct 2023 07:11
(Sharecast News) - Online retailer The Hut Group said on Tuesday that revenues had fallen in the third quarter but that it had returned to constant currency revenue growth in September.
Read moreBofA Merrill Lynch reiterates 'buy' on THG
6th Oct 2023 14:27
(Sharecast News) - Bank of America Merrill Lynch reiterated its 'buy' rating on THG on Friday as it argued that margins are improving and it's now time for growth.
Read moreTHG holds guidance as sales trends improve in H1
14th Sep 2023 07:34
(Sharecast News) - Shares in UK online retail platform THG tanked on Thursday as the company's first half pre-tax losses widened and revenues slipped.
Read moreTHG in advanced talks to buy City AM - report
26th Jul 2023 09:52
(Sharecast News) - THG is reportedly in advanced talks to buy London-based newspaper City AM.
Read moreBoohoo proposes former THG chief join Revolution Beauty
22nd Jun 2023 10:20
(Sharecast News) - Boohoo has lined up a former THG executive to join Revolution Beauty Group, it was confirmed on Thursday, the latest salvo in its attempt to oust the crisis-hit cosmetics firm's senior management team.
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