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...
| 26 Mar 2014
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.
| 30 Jul 2013
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.
| 14 Jan 2011
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.
| 25 Sep 2015
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.
| 2 Sep 2015
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.
| 15 Jun 2015
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.
| 7 Apr 2015
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.
| 18 Dec 2014
Canadian department store operator Hudson's Bay Company has appointed retail veteran Gerald Storch as chief executive.
| 9 Dec 2014
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.
| 25 Nov 2014
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.
| 12 Sep 2014
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.
| 3 Jun 2014
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.
| 7 May 2014
Canadian department store retailer Hudson's Bay Company has appointed Paul Beesley as its new chief financial officer.
| 4 Apr 2014
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.
| 30 Jan 2014
Canadian department store retailer Hudson's Bay Company has created a new digital division, which will be led by Michael Burgess.
| 28 Jan 2014
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.
| 24 Jan 2014
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.
| 20 Jan 2014
US-based luxury retailer Saks Fifth Avenue has confirmed its general merchandise manager, Joseph Boitano, is to step down.
| 9 Jan 2014
Canadian department store operator Hudson's Bay Company has appointed Jonathan Greller to head up its outlet stores.
| 18 Dec 2013
Twenty-five Canadian organisations have called on the country's retailers and brands to sign the Bangladesh Accord on Fire and Building Safety.
| 17 Dec 2013
Canadian department store operator Hudson's Bay Company has promoted its COO, Donald Watros, to the newly-expanded role of president.
| 11 Dec 2013
Canadian department store operator Hudson's Bay Company saw its net losses widen in the third quarter, hurt by costs related to its purchase of Saks.
| 18 Nov 2013
Canadian department store retailer Hudson's Bay has promoted a number of people to senior positions within the company as it shores up its new executive team.
| 5 Nov 2013
Canadian department store operator Hudson's Bay Company has completed its US$2.9bn acquisition of US-based luxury retailer Saks.
| 31 Oct 2013
Saks shareholders have approved its merger with Canadian department store retailer Hudson's Bay Company, in a move that creates a leading upscale North American fashion retail business.
| 28 Oct 2013
Canadian department store operator Hudson's Bay Company has appointed Russ Hardin as its new chief creative officer and senior vice president.
| 11 Oct 2013
The group representing more than 90 fashion retailers and brands working to improve fire and building safety in Bangladesh's garment industry has admitted that a fatal fire in a fabric mill earlier this week shows there is "still a long way to go" to achieving this goal.
| 10 Oct 2013
The death of at least nine workers in a fire at a fabric mill in Bangladesh earlier this week has led to renewed calls for efforts to ensure safe conditions in the country's garment sector - as well as questions on the extent to which audits need to be carried out further down the supply chain.
| 14 Oct 2013
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.
| 5 Aug 2013
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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