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The Latest Breaking News from THG

City comment: WPP imitation shows THG deserves some credit for its Ingenuity

THG has been given a right old kicking over the last year - but perhaps it’s due some credit.

Evening Standard

Investors should take a cautious approach to THG takeover talk

The retailer continues to make the simple business of selling stuff online sound complicated

The Guardian - UK

THG rejects ‘unacceptable’ takeover approaches as revenues jump by 35%

Online shopping group says it has dismissed ‘multiple’ attempts to buy company

The Guardian - UK

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THG rejects multiple ‘unacceptable’ takeover bids after share price collapse

Shares in the online retailer have dropped 85% since last summer amid concerns about corporate governance and plans to focus on its small, but fast-growing, platform business Ingenuity

Evening Standard

THG brands takeover proposals 'unacceptable' as revenue passes £2bn

THG is preparing to step up to the premium segment of the London Stock Exchange 'at the appropriate time'

Birmingham Post

Real Good Food vows to 'hunker down, control costs and protect revenue' after difficult few months

The group sold Brighter Foods to THG for £43m during its latest financial year

Birmingham Post

Ofgem may be busy, but it must address Martin Lewis’s points

If the consumer champion is right, it seems many of the energy companies are trying it on

The Guardian - UK

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THG hires ex-ITV boss Lord Allen as first external chairman in push to repair relations with the City

The former boss of ITV has been drafted in by THG to help repair the e-commerce company’s battered reputation in the City.

Evening Standard

THG appoints former ITV, EMI Music and food giant boss as new chairman to succeed Matthew Moulding

THG started the process of splitting Matthew Moulding's duel CEO and chairman role in October

Birmingham Post

Former British Airways and Bupa boss steps down from THG board

Tiffany Hall is currently a non-executive director at B&M and Symington Family Estates

Birmingham Post

THG says Dermologica is not restricting stock over discounting concerns

THG's share price fell to a new record low on Monday

Birmingham Post

THG shares sink to new record low as beauty firms 'restrict stock' over discounting

Dermologica, which is owned by Unilever, is said to be one of the brands involved

Birmingham Post

City comment: THG going private would be a final insult for IPO investors

You have to feel sorry for THG investors.

Evening Standard

THG share price jumps amid 'buyout interest' from private equity firms

Shares jumped by more than 18% on Friday, valuing the online retailer at about £1.65bn

Birmingham Post

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Birmingham Post

Manchester United 'sign £20m-a-year' training kit sponsorship deal with blockchain company Tezos

The move comes after THG pulled out of a £200m deal in May

Birmingham Post

THG, Boohoo and B&M: Shares in consumer giants hit as cost of living hikes confirmed

The energy price cap and interest rates are set to rise

Benzinga

Hanover Insurance: Q4 Earnings Insights

Hanover Insurance Gr (NYSE:THG) reported its Q4 earnings results on Wednesday, February 2, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

A Preview Of Hanover Insurance Gr's Earnings

Hanover Insurance Gr (NYSE:THG) is set to give its latest quarterly earnings report on Wednesday, 2022-02-02. Here's what investors need to know before the announcement. Analysts estimate that Hanover Insurance Gr will likely report an Earnings Per Share (EPS) of $2.45.

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Birmingham Post

Top THG boss sells more than £8m in shares held for him by Matthew Moulding

Steven Whitehead has been group commercial director at THG since 2010

Birmingham Post

Boohoo director invests more than £300,000 in fast fashion giant

Iain McDonald also sits on the board of THG

Birmingham Post

Shares in Matthew Moulding's THG slump to record low as stock market suffers

In January 2021, THG's shares were priced at almost 800p each

The Guardian - UK

Little ingenuity needed to spot the weakness of THG

The value of the e-commerce firm’s ‘end-to-end technology solutions’ doesn’t seem clear – no wonder investors went cold

Evening Standard

Spiking whey prices hit margins at THG and sent stock sinking further

Beleaguered e-commerce group THG saw its stock slip further today after missing forecasts on profit margins.

The Guardian - UK

THG shares slide as it misses profit margin forecasts

Fall comes despite record £2.2bn sales at owner of websites including Lookfantastic and Cult Beauty

Birmingham Post

Revenue passes £2bn at Matthew Moulding's THG but profit margins to miss market expectations

THG expects its revenue and adjusted EBITDA margins to increase in 2022

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