THG shares give up gains despite talk of private equity buyout interest
The shares have lost three-quarters of their value since being floated in September 2020
Company
THG PLC
LON:THG
THG Holdings PLC is the parent of online retailer The Hut Group. Founded in 2004, it has become one of the world’s largest online retailers in beauty and nutrition, powered by THG Ingenuity, its all-in-one growth platform combining ecommerce tech, hosting, translation, and a complete fulfilment infrastructure.
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Broker sticks neck out with surprise THG upgrade
The Ingenuity e-commerce platform is worth more than zero says RBC
THG: where's that golden share now it's needed?
It sounds like THG founder Matthew Moulding regrets the company listing on the London Stock Exchange. He's not the only one.
THG shares fall again despite sales growth forecast
Growth over the whole of 2022 to slow to between 22-25%
THG tells UK regulator it fell victim to 'coordinated attack' by hedge funds
Boss Matthew Moulding is particularly suspicious of trading after the group's capital markets day last October when the shares plunged more than a third
The Hut Group founder wishes he floated in New York as London listing ‘just sucked from start to finish’
Some City observers think Matt Moulding has hinted at potential privatisation in an interview with GQ
THG raises targets for Ingenuity arm, will split founder's roles
Sales in the three months to end-September were up by 38% to £508mln
THG founder Moulding scraps his 'golden share' after share price hammering
Moulding controls around 25% of the business including his family’s interest
THG Plc under scrutiny as the City finds its next tech valuation to worry about
It is tough to be a UK tech stock, especially if it turns out you're 'only a retailer'.
THG valuation in shreds as calamitous share promo triggers investor panic
THG says no material new information was disclosed at the event on Tuesday - which evidently was part of the problem for investors.
THG plans to float beauty arm in 2022 as Softbank speeds first-half growth
THG Beauty grew sales 56% to £460.8mln in the first half of the year
The Hut Group founder Moulding lent £150mln by council
According to the report, the Warrington loan money was used to acquire properties around Manchester Airport
THG to acquire online retailer Cult Beauty for £275mln
Cult Beauty has a portfolio of 300 emerging and independent brands, with most sales coming from the UK
Barclays stays bullish on THG after SoftBank deal
THG agreed a major financing and a collaboration with tech investor SoftBank earlier this week.
Can THG’s SoftBank deal unlock full value from its basket of e-commerce businesses?
The e-commerce share has largely performed well since its 2020 float, but, according to analysts the valuation still undershoots the conglomerate's component parts.
THG placing sees high demand as SoftBank-backed tech spin-off is mulled over
It comes as the company raises new funds, inks agreements for a potential spin-out and acquires a US beauty products group
Manchester United fans hit owners in pocket as THG pulls out of £200mln kit deal
As disgruntled fans protest, antagonise social media disruption and threaten boycotts London-listed THG has exited a deal to sponsor United's training kit.
The Hut Group founder Matthew Moulding to donate £100mln to charity
He has also committed to waiving his salary so it can be donated to charity, while the 24% stake he owns with his wife is worth £2bn
The Hut Group keeps full-year guidance though first quarter tops expectations
The online retailer reckons that demand for e-commerce will remain strong even once COVID-19 restrictions are lifted across its markets
London tech fundraising soars in 2020 amid boom in IPOs
A Tech Nation report showed UK tech venture capital investment hit a record high in 2020 of US$15bn despite the challenges of the pandemic