Online retailer Naked Wines has seen its shares nosedive after the reopening of hospitality venues led to a slowdown in the group’s sales. The Norwich-based company revealed total revenues increased by 3…
Tag: Plummet
Naked Wines shares plummet more than 40% as retailer notes weak sales growth
Naked Wines shares plummet 45%: Online retailer described as a ‘pandemic winner’ reveals weak sales growth and cost pressures Naked Wines revealed annual sales only increased by 3% to £350.3m last year…
The Hut Group shares plummet again after retailer rebuffs takeover bids
The Hut Group shares plummet again after struggling beauty products retailer rebuffs takeover bids Belerion Capital and King Street Capital made a £2bn offer for THG last month THG markets beauty and…
The Hut Group Shares Plummet Again After Retailer Rebuffs Takeover Bids
Bosses at The Hut Group have rejected all recent takeover proposals, claiming they were ‘unacceptable and significantly undervalued the company.’ Belerion Capital Group and King Street Capital made an offer worth £2billion…