Hudson's Bay news and archive

HBC’s board director Denise Pickett steps down

Hudsons Bay Company (HBC) has announced that Denise Pickett has stepped down as a director of the company to focus on her responsibilities at American Express. The company added that it has initiated a search for a new director to replace Pickett. "Over the past six years, Denise has been a valuable member of HBC's board and I would like to...

Fashion

Hudson’s Bay expands partnership with Jessica Mulroney

Canadian department store chain Hudson’s Bay is expanding its partnership with stylist Jessica Mulroney by naming her its fashion and bridal specialist with the aim of driving its fashion and bridal businesses. Mulroney is widely regarded as one of Canada's most notable stylists and fashion influencers and her new role will see her consulting...

RetailFeatured

Sneak Peek: Saks Off 5th first store in the Netherlands

Amsterdam - Saks Off 5th, the outlet chain from iconic department store Saks 5th Avenue, is set to open its first store in Rotterdam the Netherlands today at 10 am. A second Saks Off 5th is set to open in November in the capital of Amsterdam, as the department store, owned by parent company Hudson's Bay, continues to expand across Europe....

RetailFeatured

First Look: Hudson's Bay first department store outside of Canada

Amsterdam - September 5 is a historical day for Canadian department store group Hudson's Bay Company, as the doors of the first Hudson's Bay store outside of Canada opened in Amsterdam, the Netherlands. Located at the Rokin and Nes, the first Hudson's Bay store opening in the country ties in with the launch of Hudson's Bay local web shop....

Report

Alison Coville named President of Hudson’s Bay

Hudson’s Bay Company has announced that Alison Coville has been named President of Hudson's Bay. The company said, Coville will lead a dedicated management team responsible for directing operations for Hudson's Bay and Home Outfitters in Canada. Coville will report to Jerry Storch, Chief Executive Officer of HBC. "Within HBC's global footprint,...

Retail|INTERACTIVE REPORT

In Pictures: Saks Off 5th Düsseldorf

Canadian company Hudson’s Bay opened its off-price concept Saks Off 5th in Germany. The debut flagship store opened today in Carsch-Haus in Düsseldorf and marks the first European store. FashionUnited was invited to take an exclusive look in the store. Are you curious to find out how the store looks like? Hover your mouse over the pictures to...

RetailFeatured

First Look: Saks Off 5th debut store in Düsseldorf

Although the future of the department store may be uncertain in North America, overseas in Europe the retail format is alive and kicking as Hudson's Bay opens the doors of its first store in Germany, Saks Off 5th. Located in Carsch-Haus, in Düsseldorf, the flagship stores marks the Canadian retail group debut European store ahead of its...

Report|UPDATE

Hudson's Bay fumbles takeover deal for Macy's

London - Canadian department store group Hudson's Bay Co., parent company of Lord & Taylor and Saks Fifth Avenue, is said to have fumbled its bid to take over struggling US retailer Macy's. The company has yet to come to an agreement with Macy's and discussion between the parties are said to have come to halt, just one month after HBC approached...

Report

HBC’s Q4 comparable sales decline 1.2 percent

For the fourth quarter ended January 28, 2017, Hudson’s Bay Company (HBC) said on a constant currency basis, consolidated comparable sales decreased 1.2 percent. DSG including Hudson's Bay, Lord & Taylor and Home Outfitters reported comparable sales increase of 0.6 percent, while Saks Fifth Avenue comparable sales increased 0.1 percent. "On a...

Business

Hudson’s Bay reports better than expected Q1 sales

Canadian retail group Hudson’s Bay Company (HBC) first quarter sales where better expected, as sales where driven by the company’s expansion push into European and its recent acquisition of online retailer Gilt. For the 13 weeks which ended April 30, 2016, HBC reported consolidated retail sales increase of 59.4 percent, up 1.2 billion CA dollars...

RetailFeatured

Hudson’s Bay Co. reveals first 4 stores locations in the Netherlands

London - Canadian retail group Hudson’s Bay Co. has announced the location of its first four stores in the Netherlands, which include the site previously claimed by Marks & Spencer for its second flagship store in Amsterdam. The announcement comes not long after Hudson’s Bay Co. confirmed it’s entry into the country, with plans to open up to 20...

RetailFeatured

M&S offloads Amsterdam flagship site to Hudson's Bay Co.

London - Marks & Spencer has dropped plans to open a second flagship store Amsterdam, the Netherlands, following news that Canadian retailer Hudson's Bay Co. (HBC) it set to enter the country. The British department store group confirms it has sold its intended location for its flagship store on the Rokin to the Canadian department store group...