The Hut Group secures US $1bn funding
The Hut Group has announced that it has secured new group banking facilities to underpin major planned investments in its business activities. The funding will support its new UK HQ development which will eventually accomodate 10,000 staff as well as further acquisitions, and its development of an 800,000 sq.ft. warehousing and manufacturing facility in Wroclaw, Poland.
With sales in 2018 exceeding US $1.28 billion, the business now trades on over 166 localised websites in 46 languages and 42 currencies.