Online retail group The Hut has postponed its plans to raise funds via an IPO this year. The company which operates brands such as Zavvi and Iwantoneofthose achieved sales of £184.3 million for the year to December 31st 2013 and reported profits of £3.9 million. It is understood to have bought back c£13 million of shares from early investors and whilst it has not completely ruled out a flotation, it is expected to wait until the market is less volatile.
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