The Hut Group Swoops on Professional Skincare Retailer Dermstore.com

LONDON – England’s The Hut Group has snapped up specialist skincare retailer Dermstore.com for $350 million in cash, adding to its burgeoning portfolio of U.S. and international beauty brands. THG, which purchased Dermstore from Target Corp., described the company as “the number one pure-play online retailer in the U.S. of prestige skincare and specialty beauty brands.” The deal is subject […]

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