Retailer glams-up with beauty brand swoop

THE Hut Group, the fast-growing online health and lifestyle retailer, has added to its product portfolio with the  acquisition of an upmarket haircare brand sold in Boots and Selfridges.

The privately-owned Cheshire company has snapped-up Grow Gorgeous from Canadian company Deciem. Financial terms were not disclosed, and The Hut has not commented.

The purchase of Grow Gorgeous, which has has sales of between £10m and £20m, follows that of Mio Skincare - which is aimed at pregnant women - six months ago.
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