OverviewSuggest Edit

The Hut Group owns and operates websites that sell FMCG products directly to the consumer via in-house technology and operating platform. The Company offers consumer goods in areas including entertainment (games, DVDs, CDs, books), electricals, health & beauty, footwear, gifting, accessories, toys, underwear & sports.
TypePrivate
Founded2004
HQManchester , GB
Websitethg.com
Employee Ratings2.1

Latest Updates

Employees (est.) (Sept 2019)2,175
Job Openings166
Revenue (FY, 2018)£915.8 M(+25%)

Key People/Management at The Hut Group

Matthew Moulding

Matthew Moulding

CEO & Co Founder
Schalk Van Der Merwe

Schalk Van Der Merwe

CTO
Iain Mcdonald

Iain Mcdonald

Non-Executive Director
Angus Monro

Angus Monro

Non-Executive Director
Dominic Murphy

Dominic Murphy

Non-Executive Director
Mark Evans

Mark Evans

Non-Executive Director
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The Hut Group Office Locations

The Hut Group has offices in Manchester , Birmingham, Cambridge, Edinburgh and in 25 other locations
Manchester , GB (HQ)
Chicago Ave
Rudheath, GB
Gadbrook Park
Lindon, US
Lindon, UT, USA
New York, US
New York, NY, USA
Riverton, US
Riverton, UT, USA
San Antonio, US
San Antonio, TX, USA
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The Hut Group Financials and Metrics

Summary Metrics

Founding Date

2004

The Hut Group total Funding

$2.8 b

The Hut Group latest funding size

$1 b

Time since last funding

a year ago

The Hut Group investors

The Hut Group's latest funding round in March 2019 was reported to be $1 b. In total, The Hut Group has raised $2.8 b
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The Hut Group Revenue

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The Hut Group's revenue was reported to be £915.76 m in FY, 2018
GBP

Revenue (FY, 2018)

915.8m

Gross profit (FY, 2018)

417.5m

Gross profit margin (FY, 2018), %

45.6%

Net income (FY, 2018)

804.0k

EBITDA (FY, 2018)

67.2m

EBIT (FY, 2018)

16.6m

Cash (31-Dec-2018)

234.8m
GBPFY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

52.3m84.1m184.3m248.0m333.5m501.4m735.7m915.8m

Revenue growth, %

35%35%50%47%

Cost of goods sold

41.1m69.6m121.1m158.1m207.2m290.1m417.2m498.3m

Gross profit

11.2m14.5m63.2m89.9m126.4m211.2m318.5m417.5m
GBPFY, 2009FY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.2m8.6m24.0m54.6m141.5m174.3m186.7m234.8m

Accounts Receivable

2.5m2.8m1.7m1.7m2.2m3.6m13.2m36.2m

Prepaid Expenses

22.8m12.2m

Inventories

4.5m9.6m20.0m27.5m34.9m58.9m84.8m155.2m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

5.6m4.4m13.5m10.8m(10.1m)804.0k

Depreciation and Amortization

19.8m38.8m

Inventories

(15.7m)(18.6m)

Accounts Payable

57.7m7.0m
GBPY, 2018

Revenue/Employee

545.3k

Financial Leverage

3.2 x
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The Hut Group Operating Metrics

The Hut Group's Customers was reported to be 22 m in FY, 2017.
FY, 2017

Currencies

42

Customers

22 m

Languages

35

Websites Managed

166
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The Hut Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Acheson & Acheson LtdSeptember 04, 2018
IllamasquaOctober 04, 2017$25 m
ry.com.auAugust 21, 2017
GLOSSYBOXAugust 14, 2017

The Hut Group Revenue Breakdown

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The Hut Group revenue breakdown by geographic segment: 40.6% from Rest of the World, 30.3% from UK and 29.1% from Europe

The Hut Group Online and Social Media Presence

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The Hut Group News and Updates

Beauty ecommerce giant The Hut Group secures $1bn for more acquisitions

Beauty and lifestyle ecommerce behemoth The Hut Group has secured a new $1bn banking facility which will allow it to acquire ever more businesses. THG, which is one of the largest private companies in the UK, has agreed a top-up facility of £195m with Barclays, HSBC, Santander, Citibank and JP Mo…

The Hut Group Blogs

The Hut Group announced its inaugural, fully underwritten launch of a £510m Term Loan B and a £150m Revolving Credit Facility

21st November 2019 The Hut Group (“THG”), the pre-eminent digital-first consumer brand group within Beauty & Wellness, today announced the launch of its inaugural Term Loan B (TLB) debt issuance. THG is raising £510m (Euro equivalent) of TLB debt, with a 7-year maturity plus a 5-year £150m revol…

THG acquires luxury natural haircare brand Christophe Robin

The Hut Group (“THG” or the “Group”), one of the world’s leading online beauty and wellbeing businesses, has today announced the acquisition of Christophe Robin, a luxury natural haircare brand. Established in Paris in 1999 by its namesake, celebrity colourist Christophe Robin, the brand aims to emp…

The Hut Group Announces Improved & Extended $1 Billion (USD) Banking Facility

The Hut Group Limited (“THG” or the “Group”), one of the world’s largest online Beauty & Wellbeing businesses, today announces newly improved Group banking facilities, in excess of $1 billion (USD). The enhanced facility will support upcoming major investments in Beauty, Technology and Infrastru…

Matthew Moulding Takes The Executive Chair of The Hut Group

The Hut Group (“THG or the “Group”), one of the world’s largest online Beauty & Wellbeing businesses today announced that its Non-Executive Chairman, Richard Pennycook, is stepping down from his role. Richard took over from Angus Monro who was Chairman from March 2010 to October 2012. Initially …

The Hut Group Signs Deal to Build New Business Campus at Manchester Airport

Over $1bn development in the North West is the biggest ever office project by a company New campus at Airport City Manchester, totalling circa 1m sq. ft., will support 10,000 jobs on a 16.8-acre site Second project includes ICON, THG’s new content creation studio, on a 11.6-acre site The Hut Group (…

THG Acquires British Beauty Manufacturer Acheson & Acheson

The Hut Group (“THG or the “Group”), one of the world’s largest online beauty and wellbeing businesses, today announces the acquisition of Acheson & Acheson, a pre-eminent British beauty contract manufacturer and product developer. Established in 1992, by Kenneth and Fiona Acheson, Acheson &…
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The Hut Group Frequently Asked Questions

  • When was The Hut Group founded?

    The Hut Group was founded in 2004.

  • Who are The Hut Group key executives?

    The Hut Group's key executives are Matthew Moulding, Schalk Van Der Merwe and Iain Mcdonald.

  • How many employees does The Hut Group have?

    The Hut Group has 2,175 employees.

  • What is The Hut Group revenue?

    Latest The Hut Group annual revenue is £915.8 m.

  • What is The Hut Group revenue per employee?

    Latest The Hut Group revenue per employee is £421 k.

  • Who are The Hut Group competitors?

    Competitors of The Hut Group include Amway, Dollar Shave Club and Walker & Company Brands.

  • Where is The Hut Group headquarters?

    The Hut Group headquarters is located at Chicago Ave, Manchester .

  • Where are The Hut Group offices?

    The Hut Group has offices in Manchester , Birmingham, Cambridge, Edinburgh and in 25 other locations.

  • How many offices does The Hut Group have?

    The Hut Group has 30 offices.