Thg Share News (THG)

THG in advanced talks to buy City AM - report

(Sharecast News) - THG is reportedly in advanced talks to buy London-based newspaper City AM.

LONDON MARKET OPEN: Stocks see tepid trade despite strong retail sales

(Alliance News) - Stock prices in London made little headway at Friday's open, but look set to maintain the week's gains, boosted by Wednesday's cool inflation print.

THG confirms sale of loss-making divisions THG OnDemand and ProBikeKit

(Alliance News) - THG PLC on Friday confirmed the sale of two loss-making businesses for a total of about GBP4 million, as part of a company simplification exercise that the e-commerce platform announced back in January.

LONDON BRIEFING: UK retail sales beat forecasts with 0.7% jump in June

(Alliance News) - Stocks in London are expected to edge up at Friday's open, after better-than-expected retail sales data.

THG sells OnDemand business to management team

LONDON, July 21 (Reuters) - THG, the online retail platform, has sold its loss-making THG OnDemand business to a new company led by its management team and funded by Gordon Brothers, it said on Friday.

PRESS: THG finds buyer for unwanted OnDemand division - Sky News

(Alliance News) - THG PLC has struck a deal to shift its OnDemand division, Sky News reported late Thursday, wrapping up a programme on non-core asset disposals.

IN BRIEF: Kelso sitting on GBP3 million gain from THG share investment

Kelso Group Holdings PLC - London-headquartered investment company - Says in the first six months of 2023, it has raised more than GBP6.0 million in two tranches, placed at 2.0 pence and 2.5p. Says half of funds have been used to purchase shares in the Manchester-based e-commerce platform THG PLC. Kelso holds 8 million shares in THG. These were bought at an average price of about 61p. This means they cost Keslo about GBP5 million and have a current market value of just under GBP8 million, giving a gain of 62%. Kelso says it will release interim results by the end of September.

Revolution Beauty execs ousted at AGM amid boohoo votes but return

(Alliance News) - Revolution Beauty Group PLC on Tuesday said three of its directors were ousted from its board at Tuesday's annual general meeting, with shareholder boohoo Group PLC voting against their re-election, though its remaining director offered the trio a reprieve.

IN BRIEF: THG exec director and spouse buy GBP445,607 worth of shares

THG PLC - Manchester-based e-commerce firm - Says Executive Director John Gallemore buys 578,710 shares in the company at 77.41 pence per share, for a total of around GBP445,000. Says the share purchase was made jointly with spouse Joanne Gallemore.

Revolution Beauty hails sales rise as takes another swipe at boohoo

(Alliance News) - Revolution Beauty Group PLC on Friday said "growth is being delivered" as it hit out at boohoo Group PLC's latest recommendation for its board.

LONDON BRIEFING: GSK settles Zantac litigation in California

(Alliance News) - Stocks in London are set to open in the red on Friday, as risk sentiment across the globe is damped by hawkish central banks.

Boohoo proposes former THG chief join Revolution Beauty

(Sharecast News) - Boohoo has lined up a former THG executive to join Revolution Beauty Group, it was confirmed on Thursday, the latest salvo in its attempt to oust the crisis-hit cosmetics firm's senior management team.

boohoo proposes adding former THG unit boss to Revolution Beauty board

(Alliance News) - boohoo Group PLC on Thursday doubled down on its aim to replace the board at investee Revolution Beauty Group PLC, despite receiving a frosty response from the beauty products seller.

LONDON BROKER RATINGS: Shell raised; Goldman likes Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

London stocks fall after inflation data shock, homebuilders slump

UK's stubborn inflation fails to fall in May

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