Retail

Listed tech giant THG has opened a new office in London’s prestigious Square Mile financial district.

The Manchester-headquartered eCommerce brand and technology platform said the new base at 107 Cheapside ‘further solidifies its presence in the UK’s business capital’.

The move brings THG’s brands in the capital – including free business newspaper and online publication City AM, Arrow Films and Cult Beauty – together under one roof in an office space designed around collaboration and digital content.

City AM’s print product is in the middle of a two-week hiatus during the office move.

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“We’re thrilled that THG has chosen to relocate its London-based brands into the City, reinforcing the Square Mile’s status as a prime destination for investment and growth,” said Chris Hayward, policy chairman at the City of London Corporation.

“Business here is thriving with companies like THG. Our Destination City programme is focused on making the City a world-leading hub for both business and leisure, and we look forward to welcoming more companies to call it home.”

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