Shareholders take fright amid sustainability update and fears that SoftBank sentiment is cooling
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.
The retailer, formerly known as The Hut Group, which is run by its founder Matt Moulding, held a capital markets day, where it shared its 2030 sustainability strategy with investors.
