Retailer THG has slashed its sales outlook for the current year as it said customers are feeling the pressure of rising living costs. The company reported a drop in profit for the first half of ...

30 rose 2.1%. Sign up here. Shares in THG, formerly known as The Hut Group, were up 11% at 0730 GMT, paring 2022 losses to 77%. "As cost of living pressures rise, customers are continuing to ...

THG Plc’s shares soared as much as 17% on Tuesday after the troubled online retailer said it agreed a £156 million ($176 million) banking facility with its lenders to provide more liquidity ...

THG's shares, which initially rose on Tuesday, were 3.1% lower by 0756 GMT as it forecast its full year core earnings would be at the lower end of market expectations. Sign up here.

Retailer THG has slashed its sales outlook for the current year as it said customers are feeling the pressure of rising living costs. The company reported a drop in profit for the first half of ...