The Hut Group goes live with Bitcoin payments for all brand websites, beauty benefits

By Becky Bargh | Published: 12-Oct-2021
Finance Retail

Mode’s major deal with Matthew Moulding’s tech giant will see THG-owned brands list Bitcoin payments, including Lookfantastic, Myprotein and The-Hut.com

You need to be a subscriber to read this article.
Click here to find out more.

Beauty brand owner and tech giant The Hut Group (THG) is bringing Bitcoin payments to the masses in a new major deal with LSE-listed fintech group Mode.

The partnership will see all of THG’s 30-plus brands, including

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Retail

Rebranded Cult Beauty to open ‘playful’ London pop-up

Read more
Running 9 to 10 November, the online beauty retailer’s physical activation showcases its recent rebrand and promises to inspire experimentation

Trending Articles

  1. Lush accused of exploiting freelance workers during Christmas rush Flexi work apps promoted by TikTok influencers are being alleged to lack basic employment rights
  2. Justmylook Celebrates 10th Anniversary with a Night of Beauty and Celebration Leading online beauty retailer Justmylook marked its 10th anniversary last Thursday with a glamorous evening celebrating a decade of success
  3. Puig to fully-own Charlotte Tilbury brand by 2031 Tilbury will retain a minority stake in her eponymous company under an extended partnership over the next five years
  4. Charlotte Tilbury setting spray withdrawal hits Puig shares The Barcelona-based conglomerate is the latest company to voluntarily withdraw product batches for quality issues
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    UK exclusive: MAC scraps free lipstick initiative in Back to MAC recycling scheme The model, where customers are gifted a free lipstick for bringing make-up empties back to store, is being replaced with the brand’s ‘Impact for Change’ scheme

Upcoming event

Launch Lab: Future-Forward Cosmetics – Beyond Packaging 2025 - WEBINAR

17 January 2025 See all

You may also like

Retail

Rebranded Cult Beauty to open ‘playful’ London pop-up

Running 9 to 10 November, the online beauty retailer’s physical activation showcases its recent rebrand and promises to inspire experimentation
Finance

THG announces Ingenuity demerger

Mike Ashley’s Frasers Group announced as investor as part of fundraising to spin off the technology arm
Skin Care

Glow Recipe announces new London pop-up for retinol launch

The pop-ups are in partnership with Cult Beauty and will take place between 12-13 October
You need to be a subscriber to read this article.
Click here to find out more.
Retail

Exclusive: Lookfantastic’s CEO on the retailer’s first UK store

Lookfantastic CEO Lucy Gorman provides exclusive insight into the THG-owned retailer’s first physical store, and what the future of the business may hold
Finance

THG shares fall following lower outlook and Ingenuity demerger plans

The British retail group experienced a share drop after releasing its interim results and update on its proposed demerger plans for its technology arm
Finance

THG to slash 171 more jobs as part of restructure

The British retail giant, which owns Lookfantastic and Cult Beauty, is set to make redundancies across six business divisions
Colour Cosmetics

Saie and Cult Beauty team up for ice cream parlour pop-up

Soft-serve flavours inspired by Saie’s Glowy Super Gel will be on offer to celebrate the ‘clean’ make-up range being Cult Beauty’s ‘Brand of the Month
Subscribe now