Skift Take
Soho House has been unprofitable since its debut as a public company in 2021. Will it make the numbers work?
Soho House, owner of a network of members' clubs, revealed Friday that its board had formed a committee to "evaluate certain strategic transactions, some of which may result in the Company becoming a private company."
Soho House said that, in the fall of 2023, the board had created a committee to assess if the company's strategy should change and has since engaged legal and financial advisors. The board owns 74% of the company's shares outstanding.