Hudson's Bay Company

Apparel and textile industry company news

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Target Canada fixes include resetting supply chain

Struggling discount retailer Target Canada is tackling its supply chain and merchandising issues as part of broader plans to try to fix its...

Apparel brands have vital role to play in Cambodia

Western brands and retailers are “deeply implicated” in the current unrest gripping the Cambodian apparel sector – but they can also be part...

Analysts mixed on Hudson's Bay's bid for Saks

Canadian department store retailer Hudson's Bay yesterday (29 July) submitted a bid for luxury US based retailer Saks after months of specul...

Target makes up for lost time with Canadian move

Having been criticised for being slow to cash in on the potential of international expansion, US discount retailer Target Corp is now making...

Latest News

Hudson's Bay swings to Q1 profit 3 Jun 2014

Michelle Russell

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.


Beesley named Hudson's Bay CFO 7 May 2014

Katie Smith

Canadian department store retailer Hudson's Bay Company has appointed Paul Beesley as its new chief financial officer.


Higher costs hit Hudson's Bay Q4 performance 4 Apr 2014

Katie Smith

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.


Burgess to lead Hudson's Bay digital division 30 Jan 2014

Katie Smith

Canadian department store retailer Hudson's Bay Company has created a new digital division, which will be led by Michael Burgess.


Hudson's Bay to debut Saks in Canada 28 Jan 2014

Katie Smith

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.

Latest blogs

Fabric mill fire fuels puts new spotlight on safety 14 Oct 2013

Leonie Barrie

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.


Hudson's Bay heads upscale with Saks 5 Aug 2013

Leonie Barrie

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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