Three firms sign deals with The Hut Group

Piper sells its stake in Orlebar Brown

The Hut Group has signed up three companies to its online shopping platform.

Luxury swimwear brand Orlebar Brown, British fashion brand Lulu Guinness and Australian beauty brand BWX have signed deals to sell through the online retailer’s platform.

They will join Hotel Chocolat, Homebase and Elemis, which already uses The Hut’s technology, according to This Is Money.

The announcement follows reports over the weekend that the FTSE 100 company’s founder Matt Moulding had been awarded a bonus worth £830m following The Hut Group’s float.

Shares in the Manchester-based company are said to have jumped since the firm floated in September.

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