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April 20, 2024
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Retail

HBC reaches agreement with Land & Buildings

December 4, 2017

HBC-owned Lord & Taylor has called Fifth Avenue its home for more than 90 years. Image credit: Lord & Taylor

 

By Staff reports

Saks owner Hudson’s Bay Company has reached a deal with its activist investor Land & Buildings, allowing its planned equity investment from Rhône Capital to go through.

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  1. Mandarin Oriental hosts charity gala in London
  2. Alexander McQueen exec lands CEO role at Harvey Nichols
  3. 2019 luxury spend expected to grow highest in UK
  4. Nordstrom family circles back on plan to go private
  5. Ruinart to bring ‘Conversations with Nature’ to Frieze New York
  6. Dior explores the craft of Sauvage in new campaign
  7. Louis Vuitton sparks joy with travel-inspired ‘Towards a Dream’ campaign films
  8. Dior takes a step towards film with latest perfume ad
  9. Luxury Unfiltered: The mistake the luxury industry is making with AI
  10. At Lalique Group, crystal sales see slight increase
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