Hudson's Bay Company
Exchange rate variations could “significantly” influence China's textile and apparel exports, a consultancy has suggested, after the governm...
Struggling discount retailer Target Canada is tackling its supply chain and merchandising issues as part of broader plans to try to fix its...
Western brands and retailers are “deeply implicated” in the current unrest gripping the Cambodian apparel sector – but they can also be part of the solution, says a new report.
Canadian department store retailer Hudson's Bay yesterday (29 July) submitted a bid for luxury US based retailer Saks after months of speculation. But analysts are taking a mixed view of the US$2.9bn deal, with one saying it "undervalues" the shares while another describing it as a "compelling" offer.
Having been criticised for being slow to cash in on the potential of international expansion, US discount retailer Target Corp is now making up for lost time with a CAD1.825bn (US$1.83bn) swoop on Canadian discount chain Zellers.
Canadian department store retailer Hudson's Bay Company (HBC) booked a mixed first-quarter as sales and margins grew, but its net loss widened due to ongoing pressures in luxury retail.
Canadian department store retailer Hudson's Bay Company (HBC) is set to expand its European presence with plans for up to 20 new stores in the Netherlands over the next two years.
Canadian department store retailer Hudson's Bay Company (HBC) has delivered what it says are solid first-quarter sales thanks to the ongoing strength of its namesake brand in Canada, and positive revenue growth in Europe.
Canadian department store retailer Hudson's Bay Company (HBC) is to open a state-of-the-art, all-channel fulfilment distribution centre in Pottsville, Pennsylvania as part of its digital growth strategy.
Canadian department store retailer Hudson's Bay Company (HBC) saw its fourth-quarter profit increase more than threefold, boosted by its acquisition of Galeria Holding late last year.
Hudson's Bay Company (HBC), owner of US-based luxury retailer Saks, is to acquire online shopping website Gilt Groupe Holdings in a deal worth US$250m.
Hudson's Bay Company has moved to a profit in its third-quarter but cut its sales outlook for 2015 and 2016 due to the impact of terrorism incidents on its Belgian and German businesses.
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black.
Brand development company Xcel Brands has agreed a strategic partnership with Hudson's Bay and Lord & Taylor, which will allow the retailers to manage dynamic assortments of inventory in response to customer demands.
Canadian retail group Hudson's Bay (HBC) has acquired the Galeria Kaufhof department store chain from German retail conglomerate Metro Group in a move that will allow it to expand its presence in Europe.
Canadian department store operator Hudson's Bay more than tripled its fourth-quarter net profit, driven by a surge in digital sales and further progress with the integration of luxury retailer Saks.
Canadian department store operator Hudson's Bay Company has appointed retail veteran Gerald Storch as chief executive.
Canadian department store operator Hudson's Bay Company has narrowed its net loss in the third quarter and reaffirmed its guidance for the full year.
Canadian department store operator Hudson's Bay Company has outlined a US$1.25bn refinancing plan that will allow it to improve and renovate its Saks flagship store.
Canadian department store operator Hudson's Bay Company has more than halved its losses during the second quarter, thanks to a near-doubling of sales.
Canadian department store operator Hudson's Bay Company swung to a profit in its first-quarter after its acquisition of Saks last year more than doubled retail sales.
Canadian department store retailer Hudson's Bay Company has appointed Paul Beesley as its new chief financial officer.
Higher costs related to its CAD2.9bn (US$2.63bn) acquisition of luxury retailer Saks resulted in a 67% decline in fourth-quarter profit for Canadian department store operator Hudson's Bay Company.
Canadian department store retailer Hudson's Bay Company has created a new digital division, which will be led by Michael Burgess.
Department store retailer Hudson's Bay Company is to open its first two Saks stores in Canada, as part of a sale and leaseback deal with Cadillac Fairview.
Hudson's Bay Company CFO Michael Culhane has taken a leave of absence, with COO Donald Watros assuming the additional role of acting CFO with immediate effect.
US-based luxury retailer Saks Fifth Avenue has confirmed its general merchandise manager, Joseph Boitano, is to step down.
Canadian department store operator Hudson's Bay Company has appointed Jonathan Greller to head up its outlet stores.
Twenty-five Canadian organisations have called on the country's retailers and brands to sign the Bangladesh Accord on Fire and Building Safety.
Canadian department store operator Hudson's Bay Company has promoted its COO, Donald Watros, to the newly-expanded role of president.
The safety of Bangladesh's textile and garment industry has been called into question again after at least seven people were killed last week in a fire at a fabric mill. More than 50 people were also injured in the blaze at Aswad Composite Mills Limited, part of the Palmal Group.
A $2.9bn deal that brings together the Hudson's Bay, Lord & Taylor and Saks Fifth Avenue brands into a combined company with 320 stores in the US and Canada was finally confirmed last week after months of speculation.
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