THG rejects £2bn bid takeover offer
May 20, 2022 2:32 pmThe Hut Group (THG) has turned down a 2 billion pound takeover offer from two investment companies after saying it undervalued the business. The group said... View Article
The Hut Group (THG) has turned down a 2 billion pound takeover offer from two investment companies after saying it undervalued the business. The group said... View Article
The co-founder of Cult Beauty, Alexia Inge, has quit the business owned by THG claiming she was “exhausted to the bone”. In an email to staff, it... View Article
The Hut Group has appointed Charles Allen, Lord Allen of Kensington, as its new chair with immediate effect. The move follows an international search initiated last... View Article
Online health and beauty retailer THG has posted record full year sales of £2.2 billion following significant growth across all of its divisions in the run-up... View Article
Value retailer Matalan has announced that it has successfully completed phase one of its digital transformation programme as it looks ahead to migrating to fellow retailer... View Article
The Hut Group saw its group revenues increase by 38% on a constant currency basis to £507.8 million in its third quarter. In the three months... View Article
The Hut Group (THG) founder Mathew Moulding has said he will give up his “golden” share of the company to regain the trust of investors. The... View Article
The Hut Group (THG) has reported growth across all areas of the business following its public offering last year. The tech platform and beauty retailer recorded... View Article
The Hut Group has agreed to acquire online retailer Cult Beauty in a £275 million deal. In a statement, THG said Cult Beauty was a compelling... View Article
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