The Hut founder Moulding adds to stake as SoftBank bails out

Matt Moulding

Source: Peter Searle

Matt Moulding has increased his shareholding in THG – formerly The Hut – after investor SoftBank unloaded its shares at below the etailer’s IPO valuation.

THG founder Moulding and investor Qatar Holding (QIA), also an existing shareholder, bought SoftBank’s holding for approximately £31m. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.