During 2007-2009 The Hut Group delivered 100% compound annual turnover growth, ranking it 3rd in the league table of companies with annual revenues of over €10m.
Steve Whitehead, The Hut Group’s M&A Director commented:
“We are delighted to be a top 3 digital company in Europe. The award recognises our skilled team and The Hut Group’s continued focus on serving European consumers and blue chip retailers within the fast moving consumer goods sector.
The Hut Group’s successes across recently launched sites such as Zavvi.es and MyBag.co.uk and the continued growth of our established sites such as TheHut.com, demonstrates that our offering is highly relevant.”
This award follows The Hut Group’s number 1 ranking in the 2009 Sunday Times Tech Track 100 of the UK’s fastest companies and its £14 million pre-IPO equity fundraising completed in April this year, which is being used to fund acquisitions.
About The Hut Group
Founded in 2004 and based in Northwich Cheshire, The Hut Group is an online retailing platform focused on fast moving consumer goods including Entertainment (Games, DVDs, CDs, Books), Electricals, Health & Beauty, Footwear, Gifting, Accessories, Toys, Underwear & Sports.
The Hut Group retails online through its own sites, including TheHut.com, Zavvi.com and MyBag.com.
In 2009, The Hut Group was ranked no.1 in the ‘Sunday Times Tech Track 100 of the UK’s fastest growing companies’ and ranked the 3rd fastest growing digital company in Europe at the ‘GP Bullhound Media Momentum Awards’ in May 2010.
For further information, please visit THG.com
Please find below a list of websites operated by The Hut Group’s retailing platform. For more information please visit their websites.
TheHut.com, Zavvi.com, MyBag.co.uk, Gifted.com.
THG is the 3rd Fastest Growing Digital Company in Europe
13-05-2010