Wednesday , December 1 2021
Home / FT Alphaville / The cost of THG and Matt Moulding’s cashless property deal

The cost of THG and Matt Moulding’s cashless property deal

In a year of London market blow-ups, it’s hard to know where to rank THG’s capitulation.Following a difficult year for the shares of the Manchester-based-protein-powder-slash-beauty-retailer-slash-wannabe-e-commerce-platform-provider, investors expected clarity from its Capital Markets Day on Tuesday. Clarity over its Softbank-backed Ingenuity platform, clarity over its margins and clarity over its restructuring plans. Instead, they got a jibe at short sellers. THG’s shares swiftly took a 35 per cent haircut. They’re now down some 65 per cent this year.Plenty of questions have been asked of Matt Moulding’s knotty retail empire. But a recurring one concerns a certain property sale and leaseback his own investment vehicle did with THG, just before its September IPO last year.The

FT Alphaville considers the following as important:

This could be interesting, too:

Paul Krugman writes Does Europe’s Lower Inflation Hold Lessons for America?

Paul Krugman writes What Europe Can Teach Us About Jobs

conversableeconomist writes Some Economics of Place Effects

Tim Harford writes The best podcasts of 2021

In a year of London

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *