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Michelle Russell

CANADA: Organisations call on retailers to sign Accord

18 December 2013 | Michelle Russell

Twenty-five Canadian organisations have called on the country's retailers and brands to sign the Bangladesh Accord on Fire and Building Safety.... read more


German giants Galeria Kaufhof and Karstadt to merge

11 September 2018 | Michelle Russell

The owners of two of Europe's leading department store retailers, Galeria Kaufhof and Karstadt, have agreed to merge the two chains in a bid to compete more effectively against e-commerce players.... read more


Hudson's Bay Co names Nairn as president

14 January 2020 | Michelle Russell

Canadian department store retailer Hudson's Bay has appointed Iain Nairn, former CEO of Australian retailer David Jones, as its new president.... read more


HBC to add tier-2 suppliers to social compliance code

31 August 2018 | Michelle Russell

Canadian retailer Hudson's Bay Company (HBC) says it is actively exploring ways to include second-tier suppliers in its social compliance programme by assessing its existing supply chain.... read more


Hudson's Bay moves to Q3 profit but lowers sales guidance

11 December 2015 | Michelle Russell

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.... read more


Hudson's Bay eyes Europe growth with Kaufhof deal

15 June 2015 | Michelle Russell

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.... read more


Hudson's Bay optimistic despite Q3 loss

6 December 2016 | Michelle Russell

Canadian retailer Hudson's Bay Company (HBC) has offered an optimistic outlook for the long term, despite moving to a loss in its third-quarter and booking a decline in comparable sales. ... read more


Hudson's Bay swings to Q2 loss but sales soar

7 September 2016 | Michelle Russell

Canadian retailer Hudson's Bay (HBC) has swung to a second-quarter loss but saw sales soar nearly 60% thanks to European expansion and its acquisition of online retailer Gilt Groupe.... read more


Hudson's Bay cites luxury pressures as Q1 loss widens

10 June 2016 | Michelle Russell

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.... read more


Hudson's Bay delivers "solid" Q1

16 May 2016 | Michelle Russell

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.... read more


Hudson's Bay shares climb as investors urge real estate sales

20 June 2017 | Michelle Russell

Hudson's Bay Company (HBC) has seen its share price jump nearly 16% after a US activist shareholder upped the pressure on the Canadian retailer to sell, spin-off or redevelop parts of its real estate portfolio in a bid to stem deepening losses.... read more


Hudson's Bay moves to Q4 loss on weak sales

5 April 2017 | Michelle Russell

Canadian retailer Hudson's Bay Company has moved to a loss in its fourth-quarter amid weak holiday sales and charges related to its ailing off-price business.... read more


Hudson's Bay lowers outlook on weak holiday sales

10 January 2017 | Michelle Russell

Canadian retailer Hudson's Bay Company (HBC) has lowered its full-year revenue outlook on the back of a weaker than expected improvement in sales over the holiday season.... read more


Catalyst Capital makes third offer for Hudson's Bay Co

28 November 2019 | Michelle Russell

Canadian retailer Hudson's Bay Company (HBC) has received a third – and higher – offer from Catalyst Capital Group to acquire the company.... read more


CANADA: Hudson's Bay promotes Watros to president role

17 December 2013 | Michelle Russell

Canadian department store operator Hudson's Bay Company has promoted its COO, Donald Watros, to the newly-expanded role of president.... read more


Xcel Brands adds licenses to fast-fashion model

10 November 2016 | Michelle Russell

Xcel Brands, which owns and manages fashion brands such as Isaac Mizrahi and C Wonder, has signed multiple new license deals across its owned brands that supplement its Quick Time Response apparel programme at Lord & Taylor and Hudson’s Bay stores. ... read more


Hudson's Bay boosting digital growth with new DC

29 April 2016 | Michelle Russell

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.... read more


CANADA: Hudson's Bay Q3 net loss widens

11 December 2013 | Michelle Russell

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.... read more


Hudson's Bay outlines refinancing for Saks store

25 November 2014 | Michelle Russell

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.... read more


Hudson's Bay narrows Q3 losses

9 December 2014 | Michelle Russell

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.... read more


CANADA: Hudson's Bay swings to Q1 profit

3 June 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.... read more


US: Saks general merchandise head Boitano to step down

20 January 2014 | Michelle Russell

US-based luxury retailer Saks Fifth Avenue has confirmed its general merchandise manager, Joseph Boitano, is to step down.... read more


CANADA: Hudson's Bay promotes Greller to head up outlets

9 January 2014 | Michelle Russell

Canadian department store operator Hudson's Bay Company has appointed Jonathan Greller to head up its outlet stores.... read more


Hudson's Bay appoints Storch to CEO role

18 December 2014 | Michelle Russell

Canadian department store operator Hudson's Bay Company has appointed retail veteran Gerald Storch as chief executive.... read more


CANADA: Hudson's Bay makes raft of executive promotions

18 November 2013 | Michelle Russell

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.... read more


China's yuan devaluation to impact textile and clothing sector

13 August 2015 | Michelle Russell

Exchange rate variations could “significantly” influence China's textile and apparel exports, a consultancy has suggested, after the government cut the guiding rate for the yuan for a third consecutive day.... read more


 Vegan fabric a fad or a future phenomenon?

10 November 2015 | Michelle Russell

Veganism is often thought of in food terms, and not clothing, so the idea of purchasing a vegan wool jumper or a vegan handbag could seem alien to many. The movement is gradually gaining momentum, albeit slowly. But whether the industry has the desire to really push it in the right direction is questionable.... read more


Iran develops GM cotton crop

3 June 2015 | Michelle Russell

Iran has developed what is said to be the first sample of genetically modified cotton, produced using indigenous technology.... read more


Is outer space the answer to more sustainable cotton?

31 July 2017 | Michelle Russell

Can space-based experiments be the answer to making cotton a more sustainable fibre on Earth? The Center for the Advancement of Science in Space (CASIS) has partnered with US retail giant Target Corporation to find out.... read more


Is Ethiopia the place to be?

2 November 2015 | Michelle Russell

There has been a big buzz around Ethiopia as a potential source of apparel for at least the last five years ­– yet exports in 2014 were just US$112m. But that could finally be set to change, with sourcing specialists at this year's 'Origin Africa' event seeming to agree that Ethiopia is the place to be.... read more


Rwanda gearing up for a slice of sourcing action

24 September 2019 | Michelle Russell

For years now, Ethiopia has garnered the spotlight for its ambitions to become the world's next big destination for textile and fashion production. But another East African country – Rwanda – is also gearing up for a slice of the action, with the country's newest export-led garment factory quickly making up for lost time.... read more


China promotes its 13th Five-Year Plan

30 November 2015 | Michelle Russell

China is using a catchy English-language TV ad to promote its 13th Five-Year Plan for the five years to 2020. But Mike Flanagan questions whether the Plan really tells us how garment-making in China will be affected.... read more


The winners and losers of 2015

21 December 2015 | Michelle Russell

From retailing to manufacturing, sourcing and sustainability, winners and losers were not hard to find in the apparel industry in 2015. As the year draws to a close, just-style's annual review tracks those for whom 2015 will be memorable in more ways than one.... read more


Special offer for just-style registered members

21 September 2015 | Michelle Russell

just-style has just launched an exciting offer for registered members: A full-year subscription with a saving of over one third on the usual price AND a free, 33-page report on how to develop a comprehensive sourcing strategy, by vendor, country and overseas representation.... read more


Race on to secure TPP agreement

12 August 2015 | Michelle Russell

After the latest round of TPP talks failed to clinch a deal, the race is now on to secure an agreement before the US presidential elections halt progress. Trade ministers are scrambling to try and forge a final Trans-Pacific Partnership (TPP) agreement within two months, after a meeting of trade ministers in Hawaii failed to clinch a deal last week.... read more


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