The Hut Group

The Hut Group
Private
Industry Retail & Technology
Founded March 2004 (2004-03)[1]
Headquarters Northwich, Cheshire[1], United Kingdom
Area served
 Worldwide
Products Various
Revenue £247.9 million (2014)[2]
Number of employees
 1000+[3]
Divisions Retail & Technology Services
Website The Hut Group

The Hut Group, often simply referred to as The Hut, is a British electronic commerce company with headquarters in Northwich, Cheshire. Through multiple websites which it owns and operates, The Hut Group sells a variety of products including sports nutrition and vitamins, cycling and endurance, health and beauty, weight management, and clothing and accessories.

Operations

The Hut Group launched its first website in 2004 focusing on lifestyle and health and beauty products. In addition, the group has other websites for product categories including fashion, entertainment and sports supplements.

The current brands include The Hut, zavvi.com, Exante diet, Myprotein and Lookfantastic.com and Mankind.co.uk.

Awards

In April 2015, The Hut Group became the first company to top the Sunday Times Profit Track 100 list of Britain's private companies with the fastest growing profits for the second year running. Profits grew an average of 217% a year from £503,000 in 2011 to £16m in 2014.[4]

In April 2014, The Hut Group, topped the Sunday Times Profit Track 100 list of Britain's private companies with the fastest growing profits.[5]

In April 2013, Mybag.com, the Hut Group's footwear store won the Draper's Footwear and/or Accessories Etailer of the Year.[6]

In September 2009 The Hut Group topped the Tech Track 100 list of fastest growing technology companies in the United Kingdom.[7] In 2007 and 2008 The Hut Group topped the table for North West England, whilst rising steadily through the national table.

In November 2008, the Hut Group won the Bank of Scotland North West Entrepreneur Challenge, with the prize of a £5 million interest free loan.[8] On 5 February 2009, the company was voted the United Kingdom's best entrepreneur after beating the other regional finalists.[9]

Zavvi.com

On 24 December 2008, the entertainment retailer Zavvi entered into administration.[10] On 27 February 2009, The Hut Group acquired the Zavvi.co.uk online brand from administrators Ernst and Young for an undisclosed sum.[11] The website was re-launched on 2 March 2009, retaining the same branding. It is a wholly owned subsidiary of The Hut Group.

References

  1. 1 2 "The Hut Group History". The Hut Group. Retrieved 2009-03-02.
  2. ↑ https://beta.companieshouse.gov.uk/company/06539496/filing-history/MzEyNDczNDE3NGFkaXF6a2N4/document?format=pdf&download=0 Companies House Annual Returns up to end of 2014
  3. ↑ "The Hut Group Linkedin". The Hut Group. Retrieved 2016-01-07.
  4. ↑ http://www.fasttrack.co.uk/fasttrack/press/pt15-nat.pdf
  5. ↑ http://www.fasttrack.co.uk/fasttrack/press/pt14-nat.pdf
  6. ↑ "Draper's Footwear and/or Accessories Etailer of the Year 2013". Drapers. 2013-07-05. Retrieved 2013-07-05.
  7. ↑ "Tech Track 100 league table 2009". Fast Track. 2008-09-21. Retrieved 2009-09-23.
  8. ↑ "The Hut Group wins North West final of Bank of Scotland Entrepreneur Challenge". The Hut Group. 2008-11-28. Retrieved 2009-03-02.
  9. ↑ "The Hut Group voted Britain’s best entrepreneur". The Hut Group. 2009-02-05. Retrieved 2009-03-02.
  10. ↑ "Zavvi placed into administration". BBC Online (BBC News). 2008-12-24. Retrieved 2009-01-06.
  11. ↑ "The Hut swoops for Zavvi.co.uk". MCV. 2009-03-02. Retrieved 2009-03-02.

External links

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