Latest News of THG
How MathGPT Uses Generative AI To Make Mathematics More Accessible To Everyone
By Forbes |
1 month ago
iPadOS 18 introduces Math Notes on the new iPad mini, enabling users to work on mathematical expressions, variables, and graph equations using an Apple Pencil....
THG expands consumer recycling scheme for cosmetic packaging
By Yahoo! Finance |
1 month ago
THG has expanded its 'recycle:me' consumer recycling programme to address challenges in recycling beauty and cosmetic packaging. The scheme aims to recycle one million units in its first year and prov...
THG raises £95.4m to fund demerger of Ingenuity division
By Yahoo! Finance |
1 month ago
THG, a UK e-commerce company, raised £95.4m in an oversubscribed equity raise to fund the demerger of its technology arm, Ingenuity. Existing shareholders, including CEO Matthew Moulding, contributed...
-
Billionaire Mike Ashley's Frasers Invests $13 Million In Online Retailer THG
By Forbes | 1 month agoFrasers Group, led by Mike Ashley, invested £10 million in THG to help it spin off its unprofitable tech unit Ingenuity. THG aims to simplify its business and generate cash after the demerger. Fraser...
-
Mike Ashley's Frasers Group takes £10m stake in online retailer THG
By The Guardian | 1 month agoTHG raises £95.4m for Ingenuity demerger with investors like Mike Ashley's Frasers Group. This move will enable THG to separate its technology arm and focus on its beauty and nutrition businesses for...
-
THG to Raise $123 Mln via Discounted Share Issue
By MarketWatch | 1 month agoThe Hut Group (THG) is raising 95.4 million pounds through a discounted share issue, attracting interest from new and existing investors. This move supports THG's plans to demerge its Ingenuity divisi...
-
THG to Spin off Logistics Division Into Private Company
By MarketWatch | 1 month agoThe Hut Group plans to separate its logistics arm, THG Ingenuity, into a separate entity and raise 75 million pounds for the demerger. CEO Matthew Moulding will invest 10 million pounds in the equity ...
-
Gareth Southgate rules out return to coaching for next year after England exit
By The Guardian | 1 month agoFormer England manager Gareth Southgate has denied coaching for a year. He is linked to Manchester United but wants time for decisions and personal well-being after stepping down from the England job....
-
Gareth Southgate to take a year out from coaching, national team role 'unlikely'
By The New York Times | 1 month agoAfter stepping down as England manager, Gareth Southgate plans to take a year off coaching. He expressed interest in possibly returning to club football, ruling out another national team role....
-
'I'm an ordinary man who plays crazy parts': John Lithgow on tackling Roald Dahl
By The Guardian | 1 month agoJohn Lithgow embraces challenging roles, like portraying Roald Dahl despite friends' safety concerns. His career thrives on complex characters, from Churchill to the Trinity Killer. His latest play, "...
-
THG PLC (FRA:HG0) (Q2 2024) Earnings Call Transcript Highlights: Key Insights and Performance ...
By Yahoo! Finance | 2 months agoThe CEO discusses challenges faced during the Nutrition division rebranding, the impact of currency fluctuations on financials, risks of Ingenuity demerger, EBITDA guidance, Beauty segment trends, FTS...
-
An ingenious plan to revive THG, or too clever by half? | Nils Pratley
By The Guardian | 2 months agoThe proposal to demerge THG's Ingenuity division lacks clarity and may not convince the stock market due to its complexity. The plan, which involves making Ingenuity a private company, faces challenge...
-
THG shares dip on demerger plans
By Yahoo! Finance | 2 months agoTHG (LON:THG) shares dropped as the company considers demerging THG Ingenuity. The demerger would separate THG Beauty and Nutrition, with Ingenuity operating independently. Analysts view this move pos...
-
British e-commerce firm THG to spin off technology platform Ingenuity
By CNBC | 2 months agoBritish e-commerce company THG plans to spin off its technology arm, THG Ingenuity, impacting founder Matthew Moulding's vision. The demerger aims to simplify the business structure. SoftBank's invest...
-
THG Mulls Logistics Unit Spinoff, Pretax Loss Narrows
By MarketWatch | 2 months agoThe Hut Group (THG) plans to spin off its logistics arm, THG Ingenuity, to enhance shareholder value. The U.K. e-commerce company reported a reduced pretax loss and aims to shift its listing category ...