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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. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
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  3. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  4. The Ritz Carlton, Missoni launch beach club in Bali
  5. Bentley renovates countryside estate in Cheshire
  6. How Raoul Shah, a peripatetic agency exec, collected 500-plus “Do Not Disturb” door signs and begat a tome
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  8. ‘Copy Nothing’ campaign defines next era at Jaguar
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