MCV/DEVELOP News, events, research and jobs from the games industry
Online retailers with distribution facilities off the UK mainland are safe from the VAT hike. The likes of HMV, Amazon, Play and The Hut run operations from Jersey or Guernsey, which means they’ll remain unaffected by the increase. Digital distributors not based in the UK will also be able to …
Read More »The Hut to float by spring 2011
The Hut Group has revealed plans to become a publicly listed company within the next 12 months after securing 14 million worth of investment. The retailer secured the money last week and says it will use the cash to enter new product categories – either organically or by acquisition – …
Read More »Debenhams launches entertainment site
The Hut Group has launched a new entertainment website for Debenhams. Over 20,000 games, DVD, Blu-ray and CD products will be available through the new site. The Hut runs several white label websites for retailers such as WHSmith, Asda and CHIPS. However, for Debenhams the firm is hoping to launch …
Read More »The Hut secures £14m investment
The Hut Group has secured 14 million in investment, the firm has announced. The money will be used to fund acquisitions and help the online retailer recruit between 100-150 new members of staff. The fundraising was completed by a selection of blue-chip investors including VC firm Balderton Capital – which …
Read More »Luzio joins Green Man Gaming
Retail veteran Gian Luzio has joined new digital distribution provider, Green Man Gaming, as chief operating officer. Luzio joins the firm following a brief but successful stint at The Hut, where he launched several new product categories and helped grow the retailer’s turnover three fold. Prior to that, he spent …
Read More »Gian Luzio leaves The Hut
The Hut product director Gian Luzio has left the retailer after less than a year. Luzio joined the firm following a successful stint at Play.com, where he helped grow the firm’s video games range. The Hut CEO Matthew Moulding stated: Gian made a positive impact on the business during the …
Read More »The Hut rebuffs AC2 date break claims
The Hut has denied claims that it is breaking the street date for Ubisoft’s Assassin’s Creed II. Accusations arose from an eBay ad that states the online retailer is dispatching the game today. The ad also claims if consumers order by 2pm today, it will be delivered tomorrow. However, a …
Read More »LGC 09: Luzio – Digital-only market would be geeky
A market that only offers digital video games would be geeky”, inaccessible – and undo the market expansion the industry has achieved in recent years. That was the view of The Hut product director Gian Luzio at the London Games Conference today. Speaking on a panel entitle ‘The New Food …
Read More »The Hut enjoys multi-million pound investment
The Hut Group has announced a multi-million pound investment in the business. The firm said that funding from private investors will enable it to continue both its acquisition strategy as well as driving organic growth. Last weekend, the firm took the number one spot in The Sunday Times ‘Tech Track …
Read More »The Hut snares Play.com marketing boss
Play.com’s marketing boss Richard Chapple has left the retailer to join The Hut as commercial director. Chapple – an MCV Retail Advisory Board member – will work across TheHut.com and Zavvi to devise a communication strategy and drive the company’s marketing. Chapple will also expand the white label side of …
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