Listed Manchester firm THG plans to demerge its technology infrastructure arm Ingenuity from its eCommerce business. Ingenuity, which provides logistics services to the likes of high street giant Frasers Group, has 4,000 staff and 12 distribution centres globally. Analysts suggest it will take 3-5 years for the capital-intensive company to break even and that it … Continue reading THG plans to demerge Ingenuity from eCommerce business