Plans by online retailer THG to win support from shareholders for its strategy backfired spectacularly on Tuesday after an investor day sparked a sell-off that wiped a third from its share price.
Read the full article on The Guardian website
NAM Implications:
- The only way back for shareholder loyalty..
- …will be demonstrable improvements in ROCE (margin x stock rotation).
- Meanwhile, a danger of key suppliers following the shareholders…
