THG Secures £90m Funding with Founder’s Support
In a recent development, The Hut Group (THG) has managed to raise an impressive £90 million through fundraising efforts....
fundraising
THG Secures £90m Funding with Founder’s Investment for Simplified Capital Structure and Growth
THG, a global retailer and brand owner, has raised £90 million through a combination of share placing and refinancing...
Aldi Raises £11m for Teenage Cancer Trust Through Fundraising Efforts
Aldi has surpassed its £10 million fundraising target for Teenage Cancer Trust just three years after partnering with the...
UK Retail News Roundup: Boohoo Repays Loan, Mango Expands US Presence, and Charity Super.Mkt’s Second-Hand Success
Boohoo repays £50m of its £97m term loan after a successful £39.3m fundraising effort, despite tripled half-year losses and...
Boohoo Repays £50m Loan, Continues Turnaround Plan after Losses Triple and Revenues Fall
Boohoo has repaid £50 million of its £97 million term loan after raising £39.3 million through an oversubscribed fundraising,...
Boohoo Appoints New Leadership Team Members Amid Business Review
Boohoo appoints Tim Morris as independent chair effective immediately, overseeing the company's Business Review. Mahmud Kamani becomes executive vice...
THG Secures £95m for Ingenuity Spin-off, Exceeds Fundraising Target
THG, the parent company of beauty and nutrition giant LookFantastic, has raised £95.4 million to spin off its loss-making...
Superdry’s Restructuring Plan: Seeking Rent Reductions
**Lead:** Superdry unveils a restructuring plan to slash rent in 39 UK stores, aiming to revamp its operations and...
Superdry Founder Withdraws Takeover Offer
**Lead:** Superdry founder Julian Dunkerton will not make an offer for the retailer despite discussions for a take-private deal,...
THG Partners with The Christie Charity for £150,000 Cancer Support Initiative
THG PLC, a digital consumer brands group, has partnered with The Christie Charity, a leading cancer treatment center in...