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British E-Tailer Links Up With Softbank for Digital Joint Venture

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Softbank's stake in British online marketplace The Hut Group is part of a joint venture deal with the latter's tech platform THG Ingenuity.
The homepage for THG Ingenuity, describing how the platform can help brands grow to scale.
CREDIT: Company Website

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One of Europe’s largest digital retailers forged a new joint venture with a Softbank subsidiary. A subsidiary of the Japanese investment bank took a stake in The Hut, the company that CEO Matthew Moulding and John Gallemore founded in 2004 and now hawks a variety of apparel, wellness, and homewares brands. As part of the…

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