THG appoints new non-executive directors as losses deepen
The retailer appointed Gillian Kent and Dean Moore to its non-executive board the same day that operating losses deepened to £89.2m for the half-year ending 30 June, 2022.
Adjusted EBITDA dropped 60.2% to £32.2m, while gross margin slipped to 42.1% and net debts blew out to £225.6m.
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