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Imagine a financial breakdown of this….
Brands - Beauty
Ameliorate
Christophe Robin
ESPA
Eyeko
Grow Gorgeous
Illamasqua
Mio
Perricone MD
Webstores - Beauty
Beauty Expert
Cult Beauty
Dermstore
HQhair
Look-fantastic
Mankind
RY
SkinCareRx
SkinStore
THG Nutrition
Myprotein
Myvitamins
Myvegan
MyPRO
MP Activewear
Command
BeNu
Exante
THG ON demand
IWOOT,
My Geek Box,
Pop In A Box,
Very Neko and
Zavvi
ProBikeKit
Morvélo
Arrow Films
THG ingenuity
THG Luxury
Allsole
Goggles
MyBag
The Hut
THG Experience
King Street Townhouse Hotel
Great John Street Hotel
Hale Country Club & Spa
So the majority of posts here are suggesting MM is lying to everyone, pulling the wool over everyone’s eyes and has nobody to answer to ? Come on, at least come up with something that makes sense. Look at the list of people involved and tell me they just smile and nod to everything MM says.
SteveScott make your mind up. You want your cake and eat it, you constantly go on about this that and the other but have just openly admitted to opening a short at 60p. This share clearly so easy to manoeuvre so there is much other reasoning than MM is a crap CEO
As a newly listed company who were within a growth phase at time of IPO and who progressed with this remarkably well during COVID, War, Economic meltdowns and still come out in decent shape. That deserves plaudits and is plenty for me, nobody is saying it isn’t time to deliver, 2023/24 was always known to be delivery time regardless of marco climate, so until that passes I personally won’t be slandering.
Everyone is welcome to an opinion and many won’t agree with mine I’m sure but I think I now have a good filter in my Mind for the OTT claims but also the agenda driven narrative
I think it’s becoming increasingly clear many posters here and across other platforms are pushing the agenda of MM being the problem & needing to go…. Personally I think that’s all agenda driven and makes me think who could benefit most without MM running the show.
There’s a reason MM has the golden share and I don’t blame him, to get THG where it is today is unreal & for people today question him is laughable. Personally I hope he stays and the business continues to thrive and be disruptive and innovative.
Profit today doesn’t mean profit tomorrow. They’ve made it this far and grown continuously where many have floundered and perished. IMO do the maths, ignore the agendas, follow the money and look at those involved backing the company, I for one would prefer backing of astute and renowned business folk with their cash than some turnip who works for the times
Happy Sunday
Don’t forget Ingenuity was just websites, now it’s just websites & robots! We surely we can’t add data into this aswell as it might actually make ingenuity a tiny bit worthwhile
If a business decision makes sense for both parties I don’t see it as Softbank helping THG. Softbank were forced to sell many holdings after a poor period but they will have known THG’s software capabilities & conversations about this latest deal surely will have been in the making even before the sell out. Business is business and it seemed to me even in the selling statements the relationship was in tact.