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Invests nearly $125 million in brands' e-commerce businesses.
June 22, 2020
By: Happi Staff
British e-commerce conglomerate The Hut Group is investing 100 million British pounds (about $125 million at current exchange rates) to develop e-commerce sites for brands including Elemis, Burt’s Bees, Nuxe and By Terry. Specifically, the Manchester, UK-based group said its technology services division, THG Ingenuity, is partnering with several indie brands and beauty companies, including PZ Cussons and Revolution Beauty, to build and operate their direct-to-consumer sites internationally. ...
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