Saks Incorporated

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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...

Men's wear and the internet: the perfect match

As the digital platform continues to bring about sweeping changes in the global apparel arena, Ashma Kunde, apparel research analyst at Euro...

Hong Kong's changing role in the apparel industry

China's rise over the past two decades as the leading location for apparel sourcing has had a knock-on effect on Hong Kong's role in the glo...

November sales a mixed bag for US retailers

US retailers posted a mixed bag of results in November, with earlier opening hours and Black Friday bargains helping to drive consumer traff...

Latest News

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.


Ralph Lauren Retail Group COO Meichner to leave 7 Mar 2014

Katie Smith

Wayne Meichner, president and COO of Ralph Lauren Retail Group, is to leave the business after 12 years.


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.


Hudson's Bay CFO takes leave of absence 24 Jan 2014

Katie Smith

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.

Latest blogs

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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