The Hut Group acquires prime space at 100 King Street, Manchester
Will be converted into a space to showcase products & experiences from its stable of beauty fascias
THG owns retailers Christophe Robin, Lookfantastic.com, Espa, RY, Glossbox & Illamasqua
The Hut Group is set to open a brand new space in Manchester which it would use to showcase products and experiences from its stable of health and beauty fascias.
The online retail company said it has acquired a 12,000sq ft ground floor and basement space within the iconic 100 King Street building in Manchester city centre, which formerly housed a Jamie’s Italian restaurant.
The Hut Group (THG) said it plans to undertake a significant refurbishment programme of the space that will convert the former restaurant site into a “World of THG” contemporary retail and experiential marketing space aimed at showcasing the its stable of health and beauty brands.
“The acquisition of the iconic 100 King Street site further expands our innovative marketing infrastructure,” chief executive Matthew Moulding said.
“The development programme to create the World of THG will provide a new and innovative environment for customers and influencers to discover and fully experience our prestigious brands.
“In addition, while continuing to expand our international presence, as a Manchester-born business we’re committed to the North West and growing our employment base in the region.”
The acquisition of 100 King Street is closely aligned to THG’s recent £50 million investment in the King Street Townhouse and Great John Street Hotel, and further builds on the acquisition and development of Hale Country Club & Spa in 2016.
n addition, THG recently broke ground on Icon, the new logistics and global content creation studio at Icon Manchester Airport.
The completion of Icon will allow for circa 2000 new roles to be created across THG’s workforce.
Within the next 12 months, THG will be breaking ground on “THQ”, the retail company’s new business campus that will support up to 10,000 jobs and represents the UK’s largest bespoke office development outside London.
THG said its new space at 100 King Street in Manchester will be be sympathetic to the iconic heritage design.
Designed in 1928 by renowned British architect Edwin Lutyens, the Grade II-listed building was his major work in Manchester.
Built in 1933, 100 King Street originally housed the Midland Bank with the ground floor used as the main banking hall.
In addition to the former banking hall, THG has acquired the basement space which still comprises the original banking vault and safety deposit boxes.
THG operates online beauty retailers such as Christophe Robin, Lookfantastic.com, Espa, RY, Glossbox & Illamasqua.
Content from The Retail Gazette
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