Hut Group to acquire online skin care retailer Dermstore for $350m
British e-commerce company The Hut Group (THG) has signed an all-cash deal worth $350 million to acquire online skin care retailer Dermstore from Target Corp. Dermstore is a pure-play online retailer of prestige skincare and specialty beauty brands. Hut Group said that the acquisition of Dermstore enhances its four pillars of beauty strategy by significantly […]