Site founded by Alexia Inge and Jessica DeLuca sells skincare, haircare and cosmetic brands
A former model and a management consultant are to cash in about £70m after the beauty site they founded was bought by fast-growing e-commerce company the Hut Group.
Cult Beauty, founded by Alexia Inge and Jessica DeLuca in 2008, has been taken over in a £275m deal, recognising soaring interest in online shopping during the pandemic.
