Could THG and Matt Moulding be about to sell more assets? Online retailer’s £103m sale of Claremont Ingredients has prompted speculation that more sales could follow.
Pressure grows on Boohoo’s owners to publish full-year results. The beleaguered online retailer’s share price fell 7% after a downgrade by Deutsche Bank over concerns about the lack of financial visibility.
THG doubles money by selling Claremont for £103m. CEO Matt Moulding said the cash deal will reduce its debt and renewed his criticism of investment bank Numis.
Revolut continues hiring spree on eve of London office opening. Global FinTech shared images of its logo shining brightly on top of YY Building in Canary Wharf as it looks to fill 428 roles.
Fuse Energy: From startup to unicorn in three years. Ex-Revolut execs Alan Chang and Charles Orr founded Fuse in 2022 and can count ex-F1 champion Nico Rosberg as an investor.
Revenue up to £67m at J&J as it expands global reach. Northampton-based eCommerce logistics specialist supporting firms including PetLab Co and The Beauty Crop now has seven global centres.
Tech firm hires rugby star to join its growing team. Leeds Rhinos Women captain, Caitlin Beevers, has joined virtualDCS, which helps companies improve with their cyber security.
Guggenheim makes triple William Blair swoop in London expansion. Dominic Emery, Phil Hare & William Tridimas all join as the firm looks to grow tech and services investment banking business in Europe.