Hudson's Bay Company

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US: Sadove, Frasch to leave Saks on Hudson's Bay merger Petah Marian | 17 Sep 13

Saks senior executives Stephen Sadove and Ronald Frasch are set to leave the department store operator following its merger with the Hudson's Bay Company.

CANADA: Hudson's Bay swings to Q2 loss Katie Smith | 13 Sep 13

Canadian department store retailer Hudson's Bay Company swung to a loss during the second quarter, weighed down by CAD59.9m (US$58m) in costs related to the pending acquisition of US luxury retailer Saks.

US: Bangladesh safety alliance names chair as talks begin Petah Marian | 20 Aug 13

The group of leading retailers and brands who make up the North American Alliance for Bangladesh Worker Safety has named Ellen O'Kane Tauscher as the independent chair of its board of directors.

US: Saks Q2 losses widen to US$19.6m Katie Smith | 20 Aug 13

Saks has seen its losses widen in the second quarter, after the upscale department store retailer was weighed down by higher costs and increased markdowns.

just-style's most read stories this week... Petah Marian | 2 Aug 13

The most read stories on just-style this week include a look at PVH setting out its succession plan, Hudson's Bay's acquisition of Saks, and a report on the use of mobile phones to monitor labour abuses in garment factories.

Analysts mixed on Hudson's Bay's bid for Saks Katie Smith | 30 Jul 13

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.

US: Hudson's Bay acquires Saks in US$2.9bn deal Katie Smith | 29 Jul 13

Canadian department store retailer Hudson's Bay Company is to acquire luxury US retailer Saks in a deal worth US$2.9bn in a move that creates a leading North American retailer operating across the luxury, mid-tier and outlet sectors.

US: Starwood Capital submits bid for Saks? Katie Smith | 22 Jul 13

The chief executive of private investment firm Starwood Capital Group is rumoured to have submitted a bid for upscale retailer Saks.

US: Hudson's Bay explores Saks bid? Katie Smith | 25 Jun 13

Canadian department store retailer Hudson's Bay, whose brands include Lord & Taylor, has reportedly emerged as a potential bidder for US luxury retailer Saks.

US: Gymboree names Levi Strauss exec as new COO Katie Smith | 20 Jun 13

Children's apparel retailer The Gymboree Corporation has appointed Levi Strauss & Co executive Joelle Maher as the company's new chief operating officer.

CANADA: Hudson's Bay shuffles management team Katie Smith | 19 Jun 13

Hudson's Bay has made changes to its executive structure, with president Bonnie Brooks stepping down from her role to serve as vice chair at the Canadian department store retailer.

CANADA: Hudson's Bay Q1 losses narrow on sales growth Katie Smith | 13 Jun 13

Canadian department store retailer Hudson's Bay has seen its first-quarter losses narrow to CAD80.7m (US$79.4m) for the 13 weeks to 4 May, boosted by strong sales at its namesake stores growth as well as improved gross profit and operating expenses.

CANADA: Tommy Hilfiger in women's wear deal with Hudson's Bay Petah Marian | 3 May 13

PVH has entered a distribution partnership with department store operator Hudson's Bay to sell its Tommy Hilfiger women's wear line in its stores.

CANADA: Hurricane Sandy weighs on Hudson's Bay Q4 profit Katie Smith | 12 Apr 13

Canadian department store retailer Hudson's Bay Company has seen its fourth-quarter net profit nearly halve, after it was forced to clear inventory at its Lord & Taylor stores across the US after Hurricane Sandy.

CANADA: Hudson's Bay promotes DiLeo to EVP of stores Katie Smith | 25 Feb 13

Canadian department store retailer Hudson's Bay has promoted Eileen DiLeo to executive vice president of stores for its Lord & Taylor and namesake brands, replacing Debbie Edwards who is retiring.

CANADA: Hudson's Bay reports third-quarter loss Petah Marian | 12 Dec 12

Canadian department store operator Hudson's Bay Company saw third-quarter losses widen as it recorded strong same-store sales growth.

CANADA: Hudson's Bay IPO to raise CAD365m Katie Smith | 20 Nov 12

Canadian department store retailer Hudson's Bay has said it will look to raise CAD365m (US$366m) through an initial public offering filed last month.

CANADA: Hudson's Bay prepares for initial public offering Katie Smith | 18 Oct 12

Canadian department store retailer Hudson's Bay is to list its shares on the Toronto Stock Exchange - and has filed a preliminary prospectus with the regulatory authorities in Canada for its initial public offering.

CANADA: Target settles trademark dispute with local retailer Leonie Barrie | 3 Feb 12

Discount department store retailer Target Corporation has settled a dispute over the use of its name and brand in Canada, paving the way for its move into the country next year.

US: Bon-Ton appoints Hoffman as president and CEO Petah Marian | 24 Jan 12

Bon-Ton Stores has appointed Brendan Hoffman as president and chief executive of the company.

US: Hudson's Bay completes Lord & Taylor acquisition Petah Marian | 24 Jan 12

Canada-based Hudson's Bay Company has completed the acquisition of US department store retailer Lord & Taylor.

CANADA: Target to open up to 135 stores from 2013 Leonie Barrie | 26 Sep 11

Ahead of its move into Canada, value retailer Target Corporation has finalised the number of leases it is taking over for stores operated by discount chain Zellers, a subsidiary of Hudson's Bay Co, and now says it will open between 125 to 135 stores in 2013.

just-style management briefing: Supply chains need to get creative Leonie Barrie | 2 Feb 11

Faced with rising apparel costs and the likelihood that 2011 will be a perfect storm of pricing uncertainty - or what Mike Todaro, managing director of AAPN (the American Apparel Producers' Network) describes as "death by a thousand costs" - what can apparel manufacturers, brands and retailers do to try to alleviate some of the pain within their supply chains?

CANADA: Retailer Fairweather fights for Target trademark | 20 Jan 11

US discount retailer Target is facing an unexpected complication in its Canadian expansion plans after specialty fashion and accessories retailer Fairweather filed a lawsuit claiming it owns the right to use the Target name in Canada.

VIEWPOINT: Target makes up for lost time with Canadian move Leonie Barrie | 14 Jan 11

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.

US: Target steps into Canada with $1.83bn Zellers buy | 14 Jan 11

Value retailer Target Corporation is making its first foray outside the US after agreeing a CAD1.825bn (US$1.83bn) deal to take over leases for up to 220 stores operated by discount chain Zellers, a subsidiary of Hudson's Bay Co.

US: Madonna's clothing range expands into Canada Katie Smith | 17 Dec 10

Madonna and Iconix Brand Group has entered into its first international partnership with Hudson's Bay Company (HBC or the 'Bay') to manufacture and distribute its junior brand of 'Material Girl'.

CANADA: Hudson’s Bay Trading invests in MLM tool | 16 Jul 10

North American retailer Hudson’s Bay Trading Company (HBTC) has purchased a suite of Merchandise Lifecycle Management (MLM) solutions which will be rolled out at Lord & Taylor in the US and across its Canadian retail chains including the Bay, Zellers, Home Outfitters and Fields.

CANADA: Hudson's Bay CEO to retire | 14 Apr 10

Hudson's Bay Trading Company says CEO Jeffrey Sherman will retire from 1 June this year.

CANADA: Olympic organisers unhappy about Lululemon range Joe Ayling | 18 Dec 09

The organisers of the Vancouver 2010 Winter Olympics have lashed out on a clothing range launched by yogawear firm Lululemon Athletica called "Cool Sporting Event That Takes Place in British Columbia Between 2009 & 2011 Edition".




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