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The Hut Group to acquire skincare retailer Dermstore.com

British online retailer The Hut Group (THG) is to acquire US skincare retailer Dermstore for 350 million US dollars from Target Corporation. THG has been one of the few retail success stories in 2020. The company increased revenue by 38.6 percent to 378.1 million pounds for the three months ended 30 September. Direct-to-consumer online revenue...

Dec 30, 2020