CORRECT: Huddled Group shares climb 11% as new COO, director named
17th Mar 2025 20:07
Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More
Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More
Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More
Huddled Group PLC - Nottingham, England-based investor in e-commerce brands - Appoints Paul Simpson as chief operating officer. Notes that Simpson was the co-founder of Nutricircle, which Huddled acquired and rebranded in 2024. Adds that Simpson will oversee the entirety of the group's operations. Also appoints Frasers Group PLC founder and former chief executive Mike Ashley as an independent non-executive director. Notes Ashley's extensive experience in consumer-centric, high-growth businesses as well as his leadership roles across various companies like Boots UK Ltd, Argos Ltd and Travis Perkins PLC. CEO Martin Higginson says: "Paul and Mike's appointments are testament to the strength of our business and the growth opportunity we have ahead of us." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Huddled Group PLC on Monday said it anticipates full-year results significantly ahead of the year before, as its fourth-quarter earnings were boosted by new brand acquisitions. Read More
(Alliance News) - Huddled Group PLC on Monday said it has agreed to acquire the remaining 25% holding in Boop Beauty Ltd, taking its ownership of the direct-to-consumer retailer to 100%. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Huddled Group PLC - investor in e-commerce brands - Expects to report first half revenue of not less than GBP5.2 million. Trading in the second quarter saw solid progress delivering GBP3.1 million of revenue, up around 46% from the first quarter. "We are excited as to the growth potential of group and believe our model and strategy will, in time, create a sizeable and profitable business. We believe we have demonstrated there is demand for big brand products at value, along with a growing recognition of the environmental impact of surplus consumer goods going to waste. With our broad offering of products, we can see the uptake to purchase is not only reassuring but also recurring due to the nature of our consumable product mix," Huddled says. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Huddled Group PLC on Monday announced that it has acquired a 75% equity stake in direct-to-consumer retailer Boop Beauty Ltd. Read More
Huddled Group PLC - investor in e-commerce brands - Issues trading update ahead of Tuesday's annual general meeting. Says the focus for the current financial year is centred around the three interdependent fundamental aspects of the business: customer acquisition and retention, breadth and depth of stock, and fulfilment. This focus is delivering sustained momentum with a strong start to financial 2024. Unaudited revenue from Discount Dragon in the second quarter is expected to be not less than GBP2.7 million, which would represent an increase of around 28% versus the first quarter. Unaudited revenue from Food Circle Supermarket since its acquisition in April is expected be around GBP350,000 for the second quarter, resulting in total anticipated second quarter revenue for the group in excess of GBP3 million, which would be around 43% higher than the first quarter. "We are well positioned to take our brands to more customers across the UK and scale our businesses towards profitability," company says. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Huddled Group PLC on Friday said it will acquire Food Circle Supermarket Ltd for up to GBP300,000. Read More
(Alliance News) - Huddled Group PLC on Monday said it will post lower revenue for 2023, but noted that Discount Dragon has added to the figure in its first quarter since it was acquired. Read More
Huddled Group PLC - Nottingham, England-based investor in e-commerce brands - Chief Executive Officer Martin Higginson buys 2.3 million shares via M Capital Investment Properties Ltd at 2.56 pence per share, worth GBP58,811, on Friday last week. He now is interested in 41.8 million shares, a 13.1% stake. Read More
Huddled Group PLC - Nottingham-based portfolio of e-commerce brands - Changes name from Let's Explore Group PLC following the acquisition of Huddled Group Ltd late last month and shareholder approval on Monday. Huddled's trading business is Discount Dragon, a direct-to-consumer e-commerce business focused on the sale of branded fast moving consumer goods, predominantly of dry and tinned groceries and of beverages. The enlarged company also retains its Home Based Entertainment business, which is comprised of the Let's Explore-themed 'Immersive Learning' products, as well as the 'Vodiac' virtual-reality headset. Read More