The move is intended to help breathe new life into Gilt and Off 5th.
The Toronto-based retailer sees a better future through digital initiatives, streamlinings, European growth, monetizing real estate and new partnerships.
The activist has appealed a decision by Ontario Securities Commission to conditionally approve the retailer’s Rhône Capital plans.
Creative force behind jewelry brand enjoys bending the rules.
HBC is selling the Lord & Taylor flagship to WeWork.
The activist investor is pushing HBC to consider an unsolicited offer for its German business, among other things.
HBC has only owned the struggling Kaufhof business for two years.
Hudson’s Bay is considering selling its Vancouver flagship just a week after cutting a deal for Lord & Taylor’s Fifth Avenue flagship.
HBC has been out front monetizing key real estate holdings.
HBC’s executive chairman sees a future for the Lord & Taylor.