The Hut Group boosts portfolio with new £46m beauty acquisition

// The Hut Group adds to its beauty portfolio by acquiring Perricone MD for £46 million
// The Hut Group plans for Perricone MD to achieve double-digit EBITDA margins by end of the 2021 financial year
// Earlier this month, The Hut Group shares rose by almost a third following its Stock Exchange debutThe Hut Group has acquired luxury skincare brand Perricone MD for £46 million in an effort to boost its beauty portfolio.
The online retailer has a growing stable of beauty brands includ