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The Latest Breaking News from THG

THG, TalkTalk and Auto Trader lead shortlists for MEN Business Awards 2023

The awards are being supported by the Manchester Evening News and Reach's business news site BusinessLive

Birmingham Post

Major online UK cycling retailer to close, according to reports

ProBikeKit set to shut down as owner THG shutters its 'lossmaking' OnDemand division

Cycling Weekly

THG puts 180 jobs at risk in Greater Manchester after closing major OnDemand division

THG said it 'will take steps to minimise the number of redundancies'

Manchester Evening News

From analysis to the latest developments in health,
read the most diverse news in one place.

THG puts 180 jobs at risk as closure of major division confirmed

THG said it will 'take steps to minimise the number of redundancies'

Birmingham Post

Floating on London Stock Exchange 'not an experience I'd recommend to anyone', says THG boss Matthew Moulding

THG floated on the London Stock Exchange in September 2020 in a move that raised £1.88bn

Birmingham Post

Pets at Home, Matalan and American Golf: The 20 latest hires and promotions from across the North West

BusinessLive rounds up the latest hires and promotions across the North West

Birmingham Post

On the Beach hires THG boss as finance chief as date revealed for new CEO

On the same date, current CFO Shaun Morton will succeed founder Simon Cooper as chief executive

Birmingham Post

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Activist shareholder sets out THG action plan as it ups stake

Kelso has outlined four recommendations to THG's board

Birmingham Post

THG set to spend B5bn on projects from 2023-25

SET-listed Thonburi Healthcare Group Plc (THG) will spend 5 billion baht between 2023 and 2025 funding various investment projects, including the construction of new hospitals in Thailand and Vietnam, as it aims to benefit from the full reopening of countries.

Bangkok Post

THG and musicMagpie move to reassure investors as Silicon Valley Bank's UK arm is sold to HSBC

Chancellor Jeremy Hunt has confirmed that all customer deposits have been protected under the deal, and that no taxpayer cash was involved

Birmingham Post

THG's Matthew Moulding brands London Stock Exchange 'incredibly tough place' as he backs Arm's US move

In January, Rishi Sunak reportedly restarted talks with SoftBank to persuade it to list the computer chip maker in London

Birmingham Post

Married at First Sight UK star Sophie Brown quits top Manchester job and reveals plans for the future

Sophie appeared on the popular E4 show last year

Manchester Evening News

Matthew Moulding praises SoftBank after THG signs AutoStore Systems deal

SoftBank sold its entire stake in THG to Mr Moulding and Qatar Investment Authority, the country's sovereign wealth fund, in October 2022

Birmingham Post

CEO who helped save the Co-op from collapse lands new role

Richard Pennycook is a former chairman of THG

Birmingham Post

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Birmingham Post

Former THG, Boohoo and ASOS investor snaps up Sosandar shares

In October 2022, William Currie Investments also bought a 4.15% holding in Salford-based fashion label In The Style

Manchester Evening News

Gary Neville's The Overlap for Sky Sports to have permanent home in Manchester - thanks to a cup of coffee

Mr Neville launched The Overlap in April 2021 and has counted the likes of Harry Kane, Roy Keane and David Beckham among its guests

Birmingham Post

THG, Steven Bartlett and Home Bargains: The 13 latest North West deals you should not miss

A range of businesses from across the region have announced major deals over the last week

Birmingham Post

Cooper Parry heads towards £250m revenues with double acquisition

The number of staff across all of Cooper Parry’s UK locations now stands at more than 535

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Manchester Evening News

'We might be doing a good few things right': THG staff in bumper bonus worth £20m

THG's brands include Myprotein and Lookfantastic

Birmingham Post

Matthew Moulding's THG hands shares worth £20m to over 700 employees

The move comes after the group gave out £36m in shares to 586 employees during 2022

Birmingham Post

Activist investor buys into 'significantly undervalued' THG in deal worth almost £3m

'Kelso believes this is an exciting first investment for its shareholders'

Birmingham Post

Matthew Moulding praises 'right hand man' John Gallemore after THG boardroom shake up

Mr Gallemore has been succeeded as CFO by Damian Sanders

Birmingham Post

THG hires new finance chief as co-founder moves roles after almost 20 years

John Gallemore had been THG's CFO since 2004

The Guardian - UK

THG shares down 15% after online retailer issues profit warning

Company blames falling sales, contract delays and delivery disruption in latest of a number of missed financial targets

Birmingham Post

THG lowers profit expectations despite record sales after £100m cost cutting

THG confirmed that a further £30m of savings are to be found this year

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