Retail veterans could cash in on £4.5bn Hut Group flotation

Former bosses of Tesco, Debenhams and Matalan among backers of Manchester-based online firmRetail veterans including former bosses of Tesco, Debenhams and Matalan could all cash in under a potential £4.5bn flotation of online business The Hut Group which could be announced this week.The Manchester-based firm owns online retail sites Lookfantastic, Glossybox, Zavvi and Coggles, beauty brands including ESPA and Illamasqua and sports nutrition brand Myprotein. Continue reading...