Category Lifestyle & Beauty

The Hut Group Is Also Buying Glossybox, the German Birchbox

The Hut Group is buying Glossybox from Rocket Internet and Kinnevik. At the beginning of the year, The Hut Group secured £345 million to, mainly, acquire companies.  Just now, The Hut Group has secured a new round of £125 million at a valuation of £2.5 billion, Sky News reports. Subscription businesses are still booming. We covered […]

The RealReal’s CEO Says Company’s Goal Is to IPO “Someday”

The RealReal CEO Julie Wainwright told TechCrunch they the luxury resale marketplace is planning to go public “someday”: The RealReal CEO Julie Wainwright tells TechCrunch in a video interview that she’s preparing the luxury consignment e-tailer to go public someday. “That’s the goal,” she said when asked about IPO plans. “We really aren’t in the mood […]

Everything You Need to Know Today About Luxury Resale Marketplace The RealReal

Founded in 2011, The RealReal, that makes consignment (resale) of luxury items online possible by, among other things, independently verifying the items for the buyers before putting them up, has raised $123 million in venture funding to date and is on track to make $500 million in GMV this year. In an interview with Techcrunch, […]

With Phenomenal Numbers (Again), Talks About the Hut Group Going Public Get Louder

Insider Media on The Hut Group‘s phenomenal numbers: Sales have topped £500m at online retailer The Hut Group, whose brands include Myprotein, Lookfantastic and MyBag, while earnings have jumped by two-thirds. The group has posted a 50 per cent rise in group sales to £501m for the 2016 calendar year. International sales climbed by 89 […]

The Insane Fight Between Gillette and Harry’s

Harry’s, which manufactures and sells shaving equipment online and in stores since 2014, showed at the Shoptalk conference exemplarily with its experience in competing with Gillette that Gillette itself and its mother company P&G are feeling the heat from (online and offline) competition by new brands like Harry’s or Dollar Shave Club (now part of […]

Online Beauty Market’s Biggest Exit Yet: Younique Goes to Coty

The big exits from Jet.com (to Walmart) and from Dollar Shave Club (to Unilever) made headlines last year. What, surprisingly, did not make many headlines was the biggest exit of the online beauty market to date. Beauty group Coty is buying 60 percent of Younique for $600 million, valuing the cosmetics startup at $1 billion. […]

How The Hut Group Became the Latest British E-Commerce Star

The British E-Commerce-Market is famous for the likes of Asos, Net-a-Porter (now part of the Yoox Net-a-Porter Group) or Ocado (all publicly traded). Lesser known is The Hut Group, a fast growing e-commerce company selling a variety of products with a focus on lifestyle, health & beauty products and fashion via multiple online shops: The […]