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Hudson's Bay moves to Q3 profit but lowers sales guidance
2015-12-11 13:04:00| Daily apparel & textile news and comment - from just-style.com
Hudson's Bay Company has moved to a profit in its third-quarter but cut its sales outlook for 2015 and 2016 due to the impact of terrorism incidents on its Belgian and German businesses.
Tags: sales
bay
profit
guidance
Hudson's Bay completes EUR2.5bn Kaufhof deal
2015-10-01 16:59:00| Daily apparel & textile news and comment - from just-style.com
Canadian retail group Hudson's Bay Company (HBC) has completed its EUR2.5bn (US$2.8bn) acquisition of Galeria Holding, operator of Germany's Galeria Kaufhof department store chain and Belgium's only department store, Galeria Inno.
Tags: deal
bay
completes
kaufhof
Hudson's Bay to axe 265 jobs in cost-cutting move
2015-10-01 13:45:00| Daily apparel & textile news and comment - from just-style.com
Canadian retail group Hudson's Bay Co is to cut 265 jobs as part of a cost-cutting initiative designed to save the business around US$75m next year.
US Q2 in brief: Christopher & Banks, Hudson's Bay, Lululemon
2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Christopher & Banks swung to a loss, Hudson's Bay was back in the black, while Lululemon Athletica lifted its full-year guidance despite a fall in profit. Men's Wearhouse grew its net income more than threefold, Pacific Sunwear posted a double-digit increase in profit, thanks to a non-cash gain, and Belk saw its earnings more than halve due to higher expenses.
Tags: bay
banks
christopher
hudsons
Hudson's Bay eyes Europe growth with Kaufhof deal
2015-06-15 12:33:00| Daily apparel & textile news and comment - from just-style.com
Canadian retail group Hudson's Bay (HBC) has acquired the Galeria Kaufhof department store chain from German retail conglomerate Metro Group in a move that will allow it to expand its presence in Europe.
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