THG suffers as the pandemic surfing boom fades
Manchester-based company axes 2,000 jobs and plans to review ‘lossmaking categories’
Warrington’s biggest ever commercial loan was made to Matt Moulding after erroneous internal report
Japanese tech investor sells out of UK former high-flying ecommerce company
“People spend two years putting the water right against you”
After repeated disappointments, the beauty business needs to repair its margins and cash flow convincingly
Shares in UK ecommerce group drop by a fifth to take decline since start of year to 80%
Form an orderly queue
Plus, SoftBank ends its whirlwind romance with THG and 3M turns to Big Law to tackle its liabilities
Share price fall scuppered agreement for Japanese group to buy 19.9% stake in tech platform Ingenuity
Barclays huffs, puffs, and blows The Hut down again
Shares sink despite takeover talk
Investment groups Belerion and Candy Ventures say they have no plans to make an offer for ecommerce retailer
Investment groups Belerion and King Street ready to drop £2bn approach as ‘put up or shut up’ deadline nears
Bidders circling online beauty retailer have no history of buying large companies
Aware of the prevailing winds, THG has set out steps to enhance value both operationally and in corporate governance
Approaches from Belerion and King Street rebuffed amid interest from property tycoon
SpectrumX wants to IPO in London. Consider yourself warned.
Nutrition and beauty group’s confirmation of takeover approaches overshadows pressures on its business
UK ecommerce group warns rising costs will curb profit growth this year
Matt Moulding’s retailer will take flak until it improves performance — or finds a buyer
Charles Allen joins ecommerce company as independent non-executive
Concern remains over oil and gas group’s debt levels
Chrysalis weighs up equity performance fees after bumper year; and THG’s latest sell-off raises fresh SoftBank doubts
UK ecommerce company also hit by fears for full-year earnings
