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Retail

HBC enters agreement to take company private

October 21, 2019

Exterior of Saks Fifth Avenue, owned by HBC. Image credit: Saks Fifth Avenue

 

By Staff reports

Saks Fifth Avenue parent Hudson’s Bay Company’s board of directors has agreed to enter a privatization deal with a group of shareholders who own a 57 percent stake in the group.

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  1. In conversation with Hong Kong property and hotel mogul Adrian Cheng
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  4. Dior dives into French Riviera with escapist fragrance
  5. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  6. Dior, Rizzoli to release book on Lady Art project
  7. US luxury car market expected to double in next decade: BCG
  8. Savannah College of Art and Design debuts SCAD LUXE research center
  9. Hermès showcases the surreal for spring campaign
  10. Pratesi continues retail push with new Boston boutique
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