
Fast-expanding British e-commerce giant The Hut Group said Wednesday that it’s to buy UK-based beauty e-tailer Cult Beauty for £275 million ($382.91 million).
86 published items with the word (s) or phrase The Hut Group in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Fast-expanding British e-commerce giant The Hut Group said Wednesday that it’s to buy UK-based beauty e-tailer Cult Beauty for £275 million ($382.91 million).
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Being a listed business has its advantages, but also means closer scrutiny and a need to respond to the interests of shareholders. Both long-time-listed JD Sports and newcomer THG have felt this keenly in recent days.
It seems 4,000% growth in a year isn’t quite enough. So fashion and beauty online discounter Secret Sales has secured £10 million in new funding to ensure it remains at the forefront of the booming sector.
Otto Group’s IPO for fashion retailer About You will see the company being valued at around €4 billion, it emerged on Tuesday. The shares will start trading next week.
Prevayl, a luxe ‘smart’ sportswear company, has raised £7.5 million to help drive its launch and expansion with the firm's products set to debut on the market during Q4.
German retail giant Otto Group is planning to list its About You fashion retail operation on the Frankfurt Stock Exchange as the lockdown easing across Europe mean its occasion and partywear offer should see a boom.
Lyst, the London-based upscale fashion search-to-retail platform, is reportedly mulling an IPO, having raised $85 million from a variety of investors.
Fast-growing sports label Castore has expanded its McLaren deal to the car marque's Forumula One team. The brand is adding the important new element to its link-up after the launch of their first collection last year.
The Hut Group plans to spend even more on making acquisitions in the future having set a new target of around £250 million a year for buying businesses, it said this week.