The online beauty retailer will take a decision about whether to go public in the coming weeks, Sky News learns
However, the hiring of such a large syndicate of investment banks underlines the fact that The Hut Group is now far closer to going public than at any previous point in its 16-year history.
In total, roughly 15% of the company's shares are expected to be placed with new investors in the next few months.On previous occasions it has opted to raise money without listing its shares on a public exchange, using such fundraisings to refresh its private investor base. As well as its wholly owned brands, the company sells third-party branded products such as those made by Glossybox and LookFantastic.
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