Hut Group acquired £10.3m turnover neighbour Illamasqua

The Hut Group has acquired prestige cosmetics brand Illamasqua which shares its hometown of Northwich in Cheshire.

Founded in 2008 by Julian Kynaston and joined by co-owner Joseph Corré in 2010 , £10.3m turnover Illamasqua is well known for its theatrical heritage.

It has also upheld a strong commitment never to permit animal testing on any of its products. THG will continue support that stance.

THG is Europe’s biggest retailer of premium beauty products – including MAC, Bobbi Brown, Estée Lauder and Lancôme – through Lookfantastic.com, and also owns a raft of luxury beauty brands including ESPA, Mio Skincare, Mama Mio, Grow Gorgeous, and Glossybox.

Set up in 2004 by Matthew Moulding and John Gallemore, THG employs more than 3,000 people and is expecting to double that by 2019.