Investors starting to question firm’s governance and profitability a year after its £5.4bn flotation
A year ago the Hut Group was celebrating a £5.4bn stock market flotation, with its musclebound boss Matt Moulding banking an £830m share bonus.
This week the Manchester-based group, which owns the online retail sites Lookfantastic, Glossybox, Zavvi and Coggles, as well as beauty brands including ESPA and Illamasqua, and the sports nutrition brand Myprotein, is back in the headlines for the wrong reasons.
