Hey big spenders: Count Hudson’s Bay Co. as part of the club.
The $4 billion Toronto-based owner and operator of Hudson’s Bay and Lord & Taylor sees spending $180 million annually on capital expenditures over the next five years, joining Macy’s, Nordstrom, Neiman Marcus and Belk in a widening field of retailers getting capital-intensive.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)