
After Next's Reiss stake buy and option to take full control, it has ambitious plans to transform its business model and leverage its £2bn online business to become a third-party powerhouse.
56 published items with the word (s) or phrase The Hut Group in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
After Next's Reiss stake buy and option to take full control, it has ambitious plans to transform its business model and leverage its £2bn online business to become a third-party powerhouse.
Increasingly under-fire e-commerce retailers are making a stand. ASOS, Boohoo, The Hut Group, Ocado, AO World and Gymshark have launched The UK Digital Business Association (UKDBA).
The Hut Group (THG) has stepped up its ethical stance on the UK beauty recycling front. The e-commerce platform that retails a vast range of fast-moving consumer goods has introduced recycle:me by THG.
The Hut Group continued to outperform in the fourth quarter with the company saying on Tuesday that it saw revenue growth of 51% year-on-year, much better than the range of 40% to 45% that it had predicted earlier.
Fast-expanding online retailer and technology provider The Hut Group has announced the acquisition of Dermstore.com and major investment in THG Nutrition product development capability.
The Hut Group may be powering webstores for brands globally via its THG Ingenuity division, but it's clearly focused on doing what it knows it can do well and bringing in partners for some specialisations.
Frasers Group was reportedly racing to try to do a deal on Debenhams at the weekend, but reports also suggested that US-based Barneys owner Authentic Brands has both Debenhams and Arcadia in its sights.
The Hut Group said Monday that sales were “ahead of expectations across all divisions” for October and November and it also announced a new deal with Jack Wills to power the clothing brand’s e-tail site.
Frasers Group CEO Mike Ashley is reportedly angry at being “excluded” from the Debenhams auction saying data provided about the business was “woefully inadequate” and too vague to allow him to bid.
The Hut Group has rarely been out of the news in recent months and on Monday it made headlines again as it announced a third-quarter trading update that showed its business continues to go from strength to strength.