The Latest Breaking News from THG

The FTSE 100 index closed down 40.24 points, 0.5%, at 8,718.75.

Shares in the Manchester-based firm leapt higher after it said its nutrition business was growing at the fastest rate in more than three years.

The Myprotein and Cult Beauty owner highlighted ‘improving’ demand for the rest of the financial year.

Rising healthcare costs, cutting-edge technology, and escalating geopolitical tensions are supercharging growth in the insurance industry. This landscape presents prime opportunities for The Progressive Corporation (PGR), Primerica (PRI), and The Hanover Insurance Group (THG) to thrive and deliver substantial value for investors, even with their premium valuations. Read on….

Move is part of THG raising £95.4m to fund demerger of lossmaking technology arm Ingenuity

Proposal to ‘demerge’ group’s Ingenuity e-commerce division needs far more clarity to convince stock market

Financial services are vital to economic health, ensuring liquidity and cash flow. With technological advancements and rising consumer demand, the sector is ripe for growth. Thus, investors could consider taking a look at financial stocks, like Hanover Insurance Group (THG), NI Holdings (NODK), and Hawthorn Bancshares (HWBK), for a mix…

The insurance market is growing significantly owing to the rising demand and ongoing technological innovation. Thus, it could be wise to invest in fundamentally sound insurance stocks Hartford Financial Services (HIG), Allstate (ALL), and Hanover Insurance (THG) for stability and growth. Read on.

THG also revealed it has clinched a deal to sell its luxury brand Coggles to Frasers.