General Merchandise Retail

THG PLC

THG Ingenuity Partners with Google Cloud to Advance Digital Commerce Transformation

THG Rejects Selkirk's Non-Formal Acquisition Offer for Myprotein

JPMorgan Downgrades THG's Target Price to Reduce Rating

Morgan Stanley Downgrades THG Target Price to 45 Pence, Assigns Underweight Rating

THG PLC has issued a notification of major holdings, indicating a change in voting rights. Sofina SA, based in Brussels, Belgium, now holds 7.970% of voting rights in THG PLC, down from a previous position of 9.644%. The notification was made on December 16, 2025, after the threshold was crossed on December 5, 2025.

London Stock Exchange

REG - THG PLC - TR-1: Notification of Major Holdings

THG PLC announced the conversion of a Convertible Loan into 209,086,407 ordinary voting shares. Matthew Moulding's equity interest now totals 429,873,034 shares, approximately 25% on a fully diluted basis. Notifications were made in accordance with the Disclosure Guidance and Transparency Rule and UK Market Abuse Regulation. FIC Shareco Limited, PCA of Matthew Moulding, acquired shares at 32.3p each. The transaction occurred on 8 December 2025, outside a trading venue.

REG - THG PLC - PDMR/PCA Shareholding & TR-1 Notification

THG Plc (LON:THG) has a net debt of £328.5m, with liabilities exceeding cash and receivables by £949.5m, surpassing its market cap of £638.3m. The company reported a £32m EBIT loss and a 4.1% revenue decline to £1.7b. Given these financial challenges, THG's balance sheet is a concern, and the company needs operational improvements to mitigate risks.

Simplywall

Does THG (LON:THG) Have A Healthy Balance Sheet?

THG PLC announced a transfer of 181,818,181 ordinary voting shares at 44 pence each between two companies controlled by CEO Matthew Moulding. This transaction, involving FIC Shareco Limited, does not alter Moulding's equity interest in the company. The announcement complies with UK Market Abuse Regulation requirements.

REG - THG PLC - PDMR/PCA Shareholdings

On November 13, 2025, EVP Denise Lowsley sold 1,619 shares of Hanover Insurance (THG) for $293,799. Hanover Insurance reported strong Q3 earnings with a record operating EPS of $5.09, surpassing the $4.22 estimate. Analysts raised price targets due to robust net investment income and growth across various lines. TipRanks' AI Analyst rates THG as Outperform, citing strong financial performance and strategic positioning. The stock has a YTD price performance of 19.79% and a market cap of $6.49B.

Tip Ranks

Top Executive Sells Hanover Insurance Shares in Major Transaction

THG PLC has announced the appointment of Gillian Kent as an independent Non-Executive Director at Crest Nicholson Holdings plc, effective November 1, 2025. This move aims to strengthen THG's leadership and industry influence. The current analyst rating for THG stock is a Hold with a £49.00 price target, while Spark's AI Analyst rates it as Neutral, citing financial challenges but strong technical momentum. THG operates in the e-commerce sector, focusing on health and beauty products, with a market cap of £735.7M.

THG PLC Announces New Board Appointment

JPMorgan Chase & Co. has reaffirmed a "neutral" rating on THG (LON:THG) shares, while Jefferies Financial Group lowered its price target from GBX 58 to GBX 55, maintaining a "buy" rating. THG's stock rose 3.6% to GBX 49.49, with an average rating of "Moderate Buy" and a target price of GBX 39.50. The company reported a quarterly loss of GBX (0.05) per share and has a market cap of £647.36 million. Analysts expect THG to post -6.72 EPS for the current fiscal year.

Market Beat

THG (LON:THG) Earns "Neutral" Rating from JPMorgan Chase & Co.

GOOG

GOOGL

Oct 23 (Reuters) - Alphabet’s (GOOGL.O) Google has agreed to invest in an instrument that could convert into an equity stake in THG Ingenuity, the demerged arm of British e-commerce firm THG (THG.L) , at a valuation of 750 million pounds ($1.01 billion) or more, Sky News reported on Thursday citing sources.Reuters could not immediately verify the report.($1 = 0.7451 pounds)

- Google has agreed to invest in a financial instrument that may convert into an equity stake in THG Ingenuity, a division of British e-commerce firm THG.  
- The investment is reported to be at a valuation of 750 million pounds ($1.01 billion) or higher.  
- The report from Sky News has not been independently verified by Reuters.

Reuters

Alphabet - C

Alphabet

Google plans multimillion pound investment in e-commerce firm THG Ingenuity, Sky News reports

Today, in Manchester, England, and Mountain View, California, THG Ingenuity and Google Cloud revealed a significant partnership on October 22, 2025. This collaboration aims to revolutionize the size, creativity, and prospective expansion of THG Ingenuity and its e-commerce platform. Through this venture, the two companies plan to merge their expertise to drive the evolution and growth of THG Ingenuity on a massive scale.

Unusual Whales

THG Ingenuity and Google Cloud partner for digital commerce growth, scaling, and future innovation. Collaboration announced on Oct 22, 2025.

THG Ingenuity and Google Cloud have announced a collaboration aimed at transforming digital commerce. This partnership will leverage Google Cloud's AI and data analytics to enhance THG Ingenuity's e-commerce platform, focusing on product innovation, a shared go-to-market strategy, and improved customer experiences. Key benefits include faster innovation cycles, smarter insights, and enhanced scalability. The collaboration also involves migrating THG Ingenuity's infrastructure to Google Cloud, ensuring a modern, secure foundation for growth. This strategic alliance is expected to set new standards in digital commerce and drive shared growth and innovation.