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Membership Collective Group Inc.  (MCG)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 
Price: $7.6100 $-0.07 -0.911%
Day's High: $7.98 Week Perf: 12.08 %
Day's Low: $ 7.56 30 Day Perf: 29.64 %
Volume (M): 243 52 Wk High: $ 14.87
Volume (M$): $ 1,848 52 Wk Avg: $9.54
Open: $7.77 52 Wk Low: $5.71



 Market Capitalization (Millions $) 1,534
 Shares Outstanding (Millions) 202
 Employees 6,353
 Revenues (TTM) (Millions $) 680
 Net Income (TTM) (Millions $) -236
 Cash Flow (TTM) (Millions $) 225
 Capital Exp. (TTM) (Millions $) 126

Membership Collective Group Inc.
The Membership Collective Group ("MCG") is a worldwide membership platform that links a dynamic, varied group of members from all over the world through real and digital locations. These members utilize the MCG platform to connect, create, have fun, and make a good difference while working and socializing.
We began in 1995 with the inauguration of the first Soho House in London's Soho neighborhood, and we are now the only private membership platform with a global presence. We have considerably increased our membership expertise and varied our offerings—both physically and digitally—over the previous 26 years. We have approximately 155,800 members (including over 122,800 Soho House members) that connect with MCG across our worldwide portfolio of 33 brands as of January 2, 2022.
The central pillar of MCG is Soho House, which drives the majority of our membership and revenue today. Since the opening of our first House in London in 1995, we have successfully identified the demand for a premium membership offering that caters to a progressive, creative and diverse global audience. Today, we believe our membership offering, consistently high standards of service, and our global footprint remain unparalleled. A Soho House membership offers access to a network of distinctive and carefully curated Houses, across North America, the United Kingdom, Europe and Asia, which serve as the cornerstone of our member experience. We enhance our member experience through our digital channels, including the SH.APP and our website. Our vision for the SH.APP has always been for it to be like having a House in your pocket. It’s our destination for members to make bookings and payments, to connect with each other and access engaging video content and podcasts — made for our members, by our members. Annually, we host thousands of physical and digital member events worldwide, spanning film, fashion, art, food and drink, well-being, work and music—and help our members forge connections with each other to bring them closer together.
Our membership expertise, honed through the growth of Soho House, has led to our evolution into the Membership Collective Group, a home to numerous memberships including Cities Without Houses, Soho Works, Soho Friends, Soho House Digital, SOHO HOME+ and Ned’s Club. By designing, curating and growing our membership offering, our membership platform can respond to shifting lifestyle trends and the evolution of our members’ needs. Our memberships work together, allowing us to reach new audiences with a set of interconnected offerings.
Everything we do across these memberships begins and ends with our members. The foundation of our member experience has been crafted over our 26-year history and is built on the following pillars:
Membership: We are in the business of forging connections and bringing people together. Our diverse global membership is the soul of our company. It is the people that define our culture and shape the experience – in turn attracting new members.
Physical and digital spaces: We create and operate interconnected spaces. Each of our physical locations is designed to reflect our members and the local community that they serve. Our digital platforms extend our connection with members beyond our physical spaces, in turn significantly enhancing the member experience.
Design: Our design DNA is instantly recognizable across all of our membership models, whether in our Houses, Soho Works, The Ned, Scorpios Beach Club or Soho Home. While each House is unique, they each have a consistency in their architectural and interior style that has come to define the Soho House experience. In each new House or site that we develop for our other brands, this style is interpreted for local tastes and preferences, reflecting the culture of the respective city.
Services, products and experiences: Our member-obsessed culture drives us to relentlessly improve the quality of the services, products and experiences we offer to our members. We do not cut corners or compromise on quality, taking the long-term view that there is no substitute for the highest quality services, products and experiences when it comes to fostering loyalty from our members.
Innovation: We have always strived to adapt and evolve by anticipating our members’ needs and wants. Innovation has always been part of our culture and approach, and we have used that mindset to create new memberships to serve a wider audience of people who desire personal connection via new channels.
House Foundations: We are committed to integrating the pillars of our social responsibility and sustainability program, House Foundations, into everything we do.


   Company Address: 180 Strand London 0
   Company Phone Number: 8512 300   Stock Exchange / Ticker: NYSE MCG
   MCG is expected to report next financial results on August 25, 2022.


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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