{"id":9142,"date":"2023-04-19T16:52:13","date_gmt":"2023-04-19T16:52:13","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/watch-thg-boss-matt-moulding-calls-out-hedge-funds-and-media-in-online-rant\/"},"modified":"2023-04-19T16:52:13","modified_gmt":"2023-04-19T16:52:13","slug":"watch-thg-boss-matt-moulding-calls-out-hedge-funds-and-media-in-online-rant","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/watch-thg-boss-matt-moulding-calls-out-hedge-funds-and-media-in-online-rant\/","title":{"rendered":"Watch: THG boss Matt Moulding calls out hedge funds and media in online rant"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"497\" class=\"entry-thumb\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-696x497.jpg\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-696x497.jpg 696w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-300x214.jpg 300w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-1024x732.jpg 1024w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-768x549.jpg 768w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-1068x763.jpg 1068w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-588x420.jpg 588w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2-100x70.jpg 100w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2022\/10\/Matt-Extended-2-Copy-2.jpg 1257w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" alt=\"THG boss Matt Moulding\" title=\"THG boss Matt Moulding\"\/><figcaption class=\"wp-caption-text\">THG boss Matt Moulding<\/figcaption><\/figure>\n<\/div>\n<h6><span style=\"color: #ff6600;\">\/\/ <\/span>THG boss Matthew Moulding calls an end to \u2018over-fishing\u2019 in social media rant against\u00a0hedge funds, the media and analysts<\/h6>\n<h6><span style=\"color: #ff6600;\">\/\/ <\/span>\u201cIn the words of Alanis Morissette \u2018Isn\u2019t it ironic\u2019,\u201d Moulding wrote on LinkedIn<\/h6>\n<hr\/>\n<p>THG co-founder and CEO Matthew Moulding has published a lengthy video on social media, taking aim at institutional investors, stockbrokers, analysts and the media.<\/p>\n<p>Moulding took to LinkedIn to quote Alanis Morrisette and share a company video featuring popular cult films Wolf of Wall Street and American Psycho.<\/p>\n<p>The video also features negative newspaper headlines about his company alongside stats about THG\u2019s growth and expansion.<iframe loading=\"lazy\" title=\"Embedded post\" src=\"https:\/\/www.linkedin.com\/embed\/feed\/update\/urn:li:ugcPost:7054129627895623680\" width=\"504\" height=\"1646\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>His video comes just hours after the retailer\u2019s operating losses more than doubled to \u00a3495.6m amid weakened sales and non-recurring costs,<\/p>\n<p>But its shares soared after confirming it had received a preliminary, provisional buyout proposal from American private equity giant Apollo.<\/p>\n<hr\/>\n<p class=\"an\"><strong>Subscribe to Retail Gazette for free<\/strong><\/p>\n<p><span class=\"x_al\">Sign up\u00a0here\u00a0to g<\/span><span class=\"x_al\">et the latest news straight into your inbox each morning<\/span><\/p>\n<hr\/>\n<p>In the lengthy statement posted on social media, Moulding said it has \u201csadly become standard practice for a select few within the world of hedge funds, media and bank analysts to regularly build negative coverage against UK-listed companies, including THG.\u201d<\/p>\n<p>He added: \u201cIn simple terms, the UK market has suffered from years of \u201cover-fishing\u201d, where small groups of industry professionals come together to try and damage UK businesses, and their share prices. Nobody tells you about this when joining the LSE [London Stock Exchange], but it finds you soon enough.<\/p>\n<p>\u201cThe number of CEOs of other listed companies that have reached out to me since THG joined the LSE is remarkable. Each wanting to share their war stories.\u201d<\/p>\n<p>Moulding has become famous for airing his concerns about the scrutiny that comes with listing a business in London, describing the process as having \u201csucked\u201d from start to finish.<\/p>\n<p>This comes as it was reported that Moulding was told to get his house in order ahead of reporting widening losses this week.<\/p>\n<p><em><strong>Click here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<\/p><\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>THG boss Matt Moulding \/\/ THG boss Matthew Moulding calls an end to \u2018over-fishing\u2019 in social media rant against\u00a0hedge funds, the media and analysts \/\/ [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/9142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=9142"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/9142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/9143"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=9142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=9142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=9142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}