Inside the rise and fall of the Hut Group

The Hut Group rose from modest beginnings to dominate the e-commerce sector. But now its founder Matthew Moulding is set to give up his shares after a shocking plunge on the market

Words: Tom Ward

It was near impossible last year to peruse the financial news without seeing headlines celebrating the exploits of The Hut Group, the Manchester-based e-commerce conglomerate which went public in a £5.4 billion floatation in September 2020.

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