Analysis: Will The Hut Group’s IPO float or sink?

Glossybox jpg

The Hut Group has finally revealed its intention to float on the London Stock Exchange after many years of speculation. Retail Week analyses whether it will hit its punchy £4.5bn valuation and why it has chosen to attempt it now.

Yesterday, after the best part of a decade, one of the great City will-they-won’t-they stories finally reached a conclusion when Manchester-based online retailer The Hut Group (THG) confirmed its intention to float on the London Stock Exchange

The retailer’s target valuation has been set at a £4.5bn, an eye-watering number for a business that the average consumer may not have heard of. The etail group’s websites specialise in health and beauty, though it also runs nutrition and fashion businesses. Its businesses include Lookfantastic, MyProtein and Coggles as well as a host of product brands such as Espa and Illamasqua.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.