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The Hut Group swoops for high-end rival

Date added: 01/06/2016








ONLINE retailer The Hut Group has acquired high-end US and Australian competitor Salu Beauty in advance of its expected flotation in 2017. Salu Beauty will join Cheshire-based The Hut Group’s multiple specialist trading platforms, including Zayyi, MyProtein, Coggles and IWantOneofThose.com, according to The Times. Salu trades under www.skincarestore.com.au and www.skinstore.com from Walgreens Boots Alliance. The deal will build on The Hut’s lofty position in the beauty sector. The group currently has more than 800 brands ...

Read more at thebusinessdesk.com



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