The hut group Flashcards

1
Q

When was the hut group founded?

A

2004

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2
Q

Who was the hut group founded by ?

A

Matthew Moulding and John Gallemore

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3
Q

What dd the hut group begin doing?

A

Selling CD , DVD’s, and entertainment products online

white label solution - ecommerece technology - offline retailers - goods online

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4
Q

What happened in 2007?

A

vulnerable
emergence of iphone - music digitally
change products provided online

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5
Q

How did moulding expand the THG business model?

A

acquiring e-commerce companies

relocation - tech platform

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6
Q

What were the notable acquisitions of THG?

A

2009 - Zavvi Portfolio

2010 - Lookfantastic - 3rd largest retailer

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7
Q

What did moulding identify as one of the large margins and international scaling opportunities?

A

beauty and lifestyle

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8
Q

What further acquisitions secured its billion - dollar valuation?

A

2011 acquisition - Myproetin

2017 - Glossybox

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9
Q

Why is myprotein a shrewed acquistion?

A

costs 60 million

responsible half of holdings revenue

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10
Q

What does THG now do

A

150 websites
dtc brands
retailers - beauty , fashion , supplement sector

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