Following agreements with retailers such as John Lewis, Next and The Very Group, Hotter’s latest partnership with M&S will see it sell Hotter products on the “Brands at M&S” platform.
Hotter launches on Marks and Spencer’s website on 17th February 2022, with up to 75 products available directly via M&S.com.
“The partnership with M&S is further testimony to Hotter’s attractiveness to other best in class retail platforms.
The development of the Unbound Group platform is also gathering pace, we have strengthened the management team and we are currently engaged in positive discussions with a number of potential partners.”
Ian Watson, chief executive
Hotter’s revenues increased by ten per cent in Q4 compared to the same quarter in the prior year, achieving a gross margin above 61 per cent. Unbound said Hotter’s performance reflected the strength of it products and multi-channel offering, with double digit percentage revenue growth being achieved in both the digital and traditional retail channels.