THG appoints Damian Sanders as CFO
24th Jan 2023 09:26
(Sharecast News) - THG has appointed Damian Sanders as its new chief financial officer with immediate effect.
Read moreBofA ML upgrades Asos, Boohoo to 'buy'
20th Jan 2023 09:07
(Sharecast News) - Bank of America Merrill Lynch upgraded Boohoo and Asos on Friday as it took a look at European online retail.
Read moreTHG issues profit warning after sales miss estimates
17th Jan 2023 07:59
(Sharecast News) - UK-based ecommerce company THG on Tuesday issued a profits warning as it was hit by falling sales, delivery disruption and contract delays.
Read moreTop 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.
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