The Hut Group has come a long away after moving into beauty product retailing 11 years agoOn the surface, Britain’s two most successful online retailers have little in common. Tim Steiner, the founder of Ocado, is a reserved character who has thrown a veil over his private life. Matt Moulding, by contrast, is more extroverted. The billionaire boss of the online health and beauty retailer THG is not shy about posting pictures of his gym-sculpted abs on his Instagram feed. Matt Moulding, with his wife, Jodie, argued that the “real value” for Softbank was to “get closer to our technology” SOCIAL MEDIAAlmost all of Ocado’s £14 billion empire is bound to its robotic warehouse and logistic technology, which it licenses to

Source: The Times May 11, 2021 16:52 UTC