Hudson's Bay Company


Week in Review: News Not to Miss

In an effort to improve its financial situation, Sears Holdings announced it plans to spin off its Land's End business.

New York—While it may be Friday the 13th—a traditionally an unlucky day—most U.S. retailers are probably rejoicing and racking up … [Read more...]

Q3 Loss Widens at Hudson’s Bay on Saks Acquisition

Hudson's Bay

Toronto— Hit by expenses associated with its acquisition of Saks Inc., Hudson’s Bay Company today said it swung into a wider third … [Read more...]

Week in Review: Key Trends of Note

From left: Moschino Cheap and Chic, Prabal Gurung, Felder Felder

New York—Last week we were all about New York Fashion Week. This week is all about London Fashion Week and now Milan Fashion Week. … [Read more...]

HBC Names McKee as Saks Inc. President

Marigay McKee

New York—Hudson’s Bay Company confirmed Monday that Marigay McKee will soon be president of Saks Inc. when HBC’s $2.4 billion deal … [Read more...]

Sadove, Frasch to Depart Saks; Harrod’s Exec the Next President?

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

New York—It’s only been a matter of hours since Saks Inc. announced its chairman/ceo and president/chief marketing officer would … [Read more...]

NY Fashion Week in Review: 10 Things to Recall

Chambray

New York Fashion Week—TGIF!…although we have to admit despite running around to runways to the point of exhaustion, there’s always … [Read more...]

Hudson’s Bay Q2 Profit Misses, But Sales Rise

Hudson's Bay

Toronto—Hudson’s Bay Company reported today a second quarter profit below expectations and a sales increase helped by revamped … [Read more...]

Saks Inc. Swings into Larger-Than-Expected Q2 Loss

Proenza Schouler handbags at Saks Fifth Avenue

New York—While Saks Inc. has 40 days to find another company to outbid Hudson’s Bay Company’s $16 a share (about $2.4 billion) … [Read more...]

Retail Analysts Debate Hudson’s Bay Bid for Saks Inc.

Saks-Fifth-Avenue-identity-packaging-Pentagram-OCD

New York—Analysts are taking a mixed view of the $2.9 billion Hudson’s Bay Company (HBC) acquisition of Saks Inc., with one saying … [Read more...]

Week in Review: 10 Things to Remember

rihanna

New York—There are rumors that prove true…and rumors that turn out to be false.  Such is frequently the case in retail and this … [Read more...]

Hudson’s Bay Company to Buy Saks Inc. for $2.4 Billion

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

Toronto and New York—Hudson’s Bay Company confirmed today that it plans to buy Saks Inc. in a $2.4 billion deal that will bring … [Read more...]

Three Bidders Emerge for Saks Inc.; Deal Pending?

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

New York—Shares of Saks Inc. rose in trading today as speculation escalated about potential rival suitors to buy the … [Read more...]