The boss of health and beauty firm THG has hinted he may take the company private, a little over a year since it floated on the London Stock Exchange.
Matthew Moulding told men’s magazine GQ that he regretted listing THG – which owns Lookfantastic – in the UK, where its shares have tumbled 70% this year.
The process “just sucked from start to finish” he said, adding that as a major shareholder he had “options” about its future.
Read the full article on the BBC website
NAM Implications:
- Despite the market turmoil, the founder plans “keep doing what I’m doing”
- Suppliers have no option but to follow suit…
- …until after Christmas, at least…
