Mixed Results from Primark, Adidas, Gymshark, THG, and Vinted Amidst Economic Challenges
Primark's sales rose 1% to £4.47bn in the first half of the year, with operating profit up 8%, but...
THG
THG Reports 1.1% Revenue Growth and £123.1m Adjusted EBITDA in FY24
In a recent financial update, THG reports a 1.1% increase in revenues to £1.8 billion for the year ending...
Mixed Fortunes: THG Rejects Takeover Bid, Weston Family Thrives, and More Retail News
In a recent development, THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, deeming it...
THG Rejects Takeover Offer for Myprotein
In a recent development, THG's board has officially announced the rejection of an "unsolicited, largely unfunded, and non-binding" acquisition...
THG Rejects £400m-£600m Takeover Bid for Myprotein
In a surprising move, THG has rejected an unsolicited takeover bid from Selkirk for its Myprotein brand, calling it...
UK Retailers Refinance, Invest and Innovate Amid Pandemic Challenges
Manchester-based online retailer THG has completed its debt refinancing, extending arrangements until December 2029 with a partial extension of...
THG Completes Debt Refinancing Up To 2029
In a recent announcement, Manchester-based online retailer THG reveals the successful completion of their debt refinancing plan, securing financial...
Frasers Group Increases Stake in THG and AO World Amid Ecommerce Expansion Strategy
In a recent regulatory filing, Frasers Group has increased its stake in MyProtein owner THG to 10.9%, owning 151.9...
UK Retailers Refinance and Adapt Amid Economic Challenges
WH Smith has completed a £200m US Private Placement and a new £120m bank term loan, diversifying its debt...
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....