Hudson's Bay Company News & Analysis

News & Analysis

Hudson's Bay Company Reportedly Scraps Financing Plan

26 August 2020 • By Reuters

26 August 2020 • By Reuters

The owner of Saks Fifth Avenue dropped plans to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, sources said.

News & Analysis

Hudson's Bay Company Reportedly Scraps Financing Plan

The owner of Saks Fifth Avenue dropped plans to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, sources said.

News & Analysis

Saks’ Owner Denies Claim It Stripped Assets in Reorganisation

24 May 2020 • By Bloomberg

24 May 2020 • By Bloomberg

The retailer is responding to a lawsuit from its lenders that called its reorganisation a “corporate shell game.”

News & Analysis

Saks’ Owner Denies Claim It Stripped Assets in Reorganisation

The retailer is responding to a lawsuit from its lenders that called its reorganisation a “corporate shell game.”

News & Analysis

Report: Neiman Marcus to File for Bankruptcy This Week

19 April 2020 • By Reuters

19 April 2020 • By Reuters

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.

News & Analysis

Report: Neiman Marcus to File for Bankruptcy This Week

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.

Power Moves | Hudson’s Bay Company, Printemps CEOs Depart

5 March 2020 • By Rachel Deeley

This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.

Power Moves | Hudson’s Bay Company, Printemps CEOs Depart

This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.

BoF Professional Exclusive

Raf and Miuccia Steal the Spotlight from Paris

23 February 2020 • By Brian Baskin

BoF Professional Exclusive

Raf and Miuccia Steal the Spotlight from Paris

This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.

BoF Professional Exclusive

Can the American Department Store Be Saved?

30 January 2020 • By Cathaleen Chen

BoF Professional Exclusive

Can the American Department Store Be Saved?

After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?

Power Moves | Karla Otto Announces Co-CEOs, Valentino Names Chief Brand Officer

16 January 2020 • By Rachel Deeley

This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.

Power Moves | Karla Otto Announces Co-CEOs, Valentino Names Chief Brand Officer

This week, Karla Otto is succeeded at her eponymous PR label by co-CEOs, while Valentino appoints its first chief brand officer.

News & Analysis

Hudson’s Bay Chairman Weighs Raising Offer for Retailer

31 December 2019 • By Bloomberg

31 December 2019 • By Bloomberg

Minority investors including Catalyst had opposed the previous bid, saying it undervalues the company’s real estate and that it didn’t provide enough disclosure to shareholders.

News & Analysis

Hudson’s Bay Chairman Weighs Raising Offer for Retailer

Minority investors including Catalyst had opposed the previous bid, saying it undervalues the company’s real estate and that it didn’t provide enough disclosure to shareholders.

BoF Professional Exclusive

The Battle for Saks' Parent Heats Up

15 December 2019 • By Brian Baskin

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BoF Professional Exclusive

The Battle for Saks' Parent Heats Up

This week, everyone will be talking about the vote to take Saks' owner private, the rush to deliver online orders in time for the holidays, and the potential for a pre-Christmas surprise. Get your BoF Professional Cheat Sheet.

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News & Analysis

Hudson's Bay's Take-Private Deal Falls Short in Shareholder Vote

13 December 2019 • By Reuters

13 December 2019 • By Reuters

According to sources, a buyout consortium of Hudson's Bay investors did not win enough votes from other company shareholders to go through.

News & Analysis

Hudson's Bay's Take-Private Deal Falls Short in Shareholder Vote

According to sources, a buyout consortium of Hudson's Bay investors did not win enough votes from other company shareholders to go through.