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Tag Archives: the hut

Global investment firm KKR eying The Hut stake

Kohlberg Kravis Roberts is reportedly preparing a move to grab a 20 per cent stake in retailer The Hut. The Financial Times reports that the 100m deal would value the company at 500m. Earlier this year The Hut said it was not considering an IPO following the perceived poor performance …

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The Hut reports 30% sales increase

Sales at online retail specialist The Hut Group grew by 30.4 per cent year-on-year to 145.3m for the 12 months ending December 21st 2012. Earnings jumped 130 per cent to 10.1m. Other highlights for the year included the successful construction of a new data warehouse that deepens customer insight” and …

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Digital Spy turns retailer with new online store

UK entertainment site Digital Spy has become an online retailer with a new website that sells video games, films, gadgets and more. The venture is the result of a deal between publisher Hearst Magazines and online retail empire The Hut Group, which runs white label outlets for several other companies. …

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The Hut Group sponsors MCV Awards 2013

Online retail empire The Hut Group is backing this year’s MCV Awards. The UK firm, which runs online outlets such as Zavvi and IWantOneOfThose.com, has signed up as Platinum Partner for the April 18th event. The awards are the perfect platform to showcase the hard work and talent that goes …

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Nintendo 3DS XL is out tomorrow: Where’s cheapest?

With a 90 per cent bigger screen, more grown-up design and refined controls, 3DS XL is an attractive new device. But who has the best deal? GAME has a trade-in deal running, where you can hand over your old 3DS and buy the new machine for just 79.99 – that’s …

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The Hut launches games trade-in service

Online retail firm The Hut Group has set up a new website that allows customers to buy and sell pre-owned video games. TheHutRecycle.com lets users trade in their old games, CDs, DVDs, mobile phones, digital cameras, MP3 players and more in exchange for vouchers. These can be used to spend …

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Games booming for The Hut Group

Web giant The Hut Group is fast becoming one of the UK’s biggest games retailers, after reporting a huge leap in sales last year. For 2010 The Hut Group saw its sales rise 70 per cent to 87m, up from 51m in 2009. The biggest growth area for the Group …

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The Hut Group sales up 70%

Online retailer The Hut Group has seen its sales spike 70 per cent. Sales are up from 51m in 2009 to 87m in 2010. More than 80 per cent of these sales were generated by the Group’s own websites, including Zavvi.com and Thehut.com. The rest was generated through services to …

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The Hut Group plots more acquisitions

Zavvi.com’s operator has vowed to buy more companies as it looks to widen its product range. The Hut Group – which also runs a string of other business-to-business entertainment websites – recently purchased UK gifting giant Iwantoneofthose.com and health and beauty specialist LookFantastic. And the company’s commercial director said these …

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The Hut broadens female reach

The Hut Group has announced it has acquired online health and beauty specialist, the Lookfantastic Group. The acquisition cost 19.4m and will see Lookfantastic’s online stores such as lookfantastic.com, lookmantastic.com and beautysleuth.co.uk integrated into The Hut’s extensive portfolio. As such, the 1m+ predominantly female customer base that Lookfantastic has established …

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