The Hut Group reportedly mulling stock market float
29 Jun 2020
Online fashion, beauty and wellbeing retailer The Hut Group (THG) is reportedly in talks over a share sale which could lead to a stock market flotation.
The Manchester-based company, whose portfolio includes fashion brands MyBag, Coggles, and All Sole, has reportedly been holding talks with investors including Capital Research Group, Dragoneer Investment Group and TSG Consumer Partners about a deal that would value it at more than 4 billion pounds, Sky News reports.
THG's board has reportedly not yet formally decided whether the fundraising would be conducted in the public or private markets.
Photo credit: The Hut Group