Business

Versace Expects Growth in 2018, Company Pays Dividends

clock July 13, 2018Luisa Zargani

Business

Amazon's Big Lead Is Growing Even More

clock July 13, 2018Adriana Lee

Fashion

CFDA and NYCEDC Highlight Graduate Fashion Collections

clock July 13, 2018Jessica Iredale

Hudson’s Bay

Hudson's Bay Company headquarters in Toronto

Retail

HBC Recasts Portfolio, Pares Down Retail

HBC is working to restore profitability and reduce debt through selloffs and joint ventures.

clock July 9, 2018David Moin

Richard Baker

Financial

Hudson’s Bay Exploring European Joint Venture

The company it has signed an agreement to explore a joint venture, not to sell its European business.

clock July 6, 2018Evan Clark

Karstadt

Mergers and Acquisitions

Germany’s Karstadt and Galeria Kaufhof Department Stores Near Merger

Signa and HBC have reportedly signed a letter of intent for the fusion of the German Karstadt and Galeria Kaufhof department store chains.

clock July 5, 2018Melissa Drier

Retail

WeWork Introduces Retail Format for Its Members

The format will be quickly rolled out to all WeWork locations in the U.S.

clock June 29, 2018David Moin

Retail

HBC Raises Mental Health Awareness

T-shirt sales will benefit mental health organizations.

clock June 28, 2018David Moin

A Hudson's Bay store on Queen Street in Toronto.

Retail

Activist Shareholder Resumes Pressure on HBC

Questions are being raised over whether HBC is moving fast enough to monetize real estate.

clock June 21, 2018David Moin

Retail

HBC Meeting: Baker Addresses the Real Estate Strategy

HBC is striking real estate deals with a range of companies from Topshop to WeWork.

clock June 12, 2018David Moin

exterior view of the Lord & Taylor flagship store on Fifth Avenue in Manhattan, New York

Retail

Hudson’s Bay to Close Lord & Taylor Flagship

The closure was revealed as the group reported higher net losses but improved comparable-store sales at Saks Fifth Avenue.

clock June 5, 2018David Moin

Gladd founders Alain Soulas and Olivier Chouvet in Shibuya, Tokyo.

Financial

Gladd, Japan’s Biggest Flash Sales Site, Buys Gilt Japan

The move comes as Gladd gears up for a 2020 IPO on the Tokyo Stock Exchange.

clock June 4, 2018Samantha Conti

Inside the Gilt shop at Saks Off 5th.

Retail

HBC Sells Off Gilt

The sale of Gilt to Rue La La raises speculation about future possible selloffs.

clock June 4, 2018David Moin and Kari Hamanaka

Retail

HBC Names Chief Technology and Digital Officer

HBC needs to raise its penetration of digital sales to be more competitive against such retailers as Macy’s and Neiman Marcus.

clock May 31, 2018David Moin

Retail

HBC Extends Grants to Mental Health Organizations

The retailer has a $6 million commitment to mental health initiatives by 2020.

clock May 30, 2018David Moin

Retail

Bernd Beetz Joins Galeria Kaufhof Supervisory Board

The former Coty ceo is expected to become supervisory board chairman of HBC’s German and Belgian department store chain.

clock May 15, 2018Melissa Drier

The sun shines through flags on the facade of Saks flagship store on New York's Fifth Avenue, . Saks Inc. agreed to sell itself to Hudson's Bay Co., the Canadian parent of upscale retailer Lord & Taylor, for about $2.4 billion in a deal that will bring luxury to more North American localesSaks Acquisition, New York, USA

Retail

Hudson’s Bay Details Nine-Month Malware Attack

The breach was contained on March 31, but might have impacted all Saks Fifth Avenue, Saks Off 5th and Lord & Taylor doors in North America.

clock April 27, 2018Evan Clark

Geoffroy van Raemdonck
joined Neiman's already in recovery mode.

Retail

Key to Survival: Department Stores Recruit From a Broader World

Department stores are gambling on talent from other sectors to revive their businesses.

clock April 24, 2018David Moin

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Essentialist

Today's Must Read

Beauty

Could Kylie Jenner's Lip Filler Announcement Impact Her Business?

clock July 13, 2018Alexa Tietjen

Social Studies