×
467
Fashion Jobs
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales - Rajahmundry
Permanent · Rajahmundry
ZYDUS WELLNESS
Zydus Wellness - Factory Manager - Sikkim Plant
Permanent · Atlanta
ANUSHÉ PIRANI
Social Media & Fashion Communications
Permanent · MUMBAI
HARSH CLEAN DHAN PVT. LTD
Area Sales Manager (Modern Trade Sales) For North East
Permanent · Guwahati
RANDSTAD INDIA PVT LTD
Area Sales Manager (Consumer Durable Industry)
Permanent · Mumbai
AVRO INDIA LIMITED
Area Sales Manager- Ludhiana, Amritsar/ mP-Indore, Bhopal
Permanent · Ludhiana
AVRO INDIA LIMITED
Area Sales Manager- Ludhiana, Amritsar/ mP-Indore, Bhopal
Permanent · Ludhiana
SOSYO HAJOORI BEVERAGES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
VIKRAM TEA PROCESSOR PVT LTD
Area Sales Manager
Permanent · Ahmedabad
HERITAGE FOODS INDIA
Area Sales Manager(Hyderabad & Vijayawada) @ Hfl
Permanent · Hyderabad
NASH INDUSTRIES (I) PVT. LTD.
Production Manager Position With Nash Industries-Pune
Permanent · Pune
ACCELERATE SOCIAL WELFARE FOUNDATION
Area Sales Manager
Permanent · Noida
VR INDUSTRIES PVT. LTD
Area Sales Manager
Permanent · Chennai
G.R. BATHLA & SONS
Marketing Executive/Area Sales Manager
Permanent · Ludhiana
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Cutting Manager/Production Head - Garments Industry
Permanent · Bhiwandi
KALPA ELECTRIKAL PVT. LTD
Hiring For Production in Charge/ Manager (8-15 Yrs Exp)
Permanent · Bengaluru
TARGET PUBLICATIONS
Regional Sales Manager
Permanent · Mumbai
THE BANYAN HR CONSULTS
Head HR For Garments Manufacturing Company at Chengalpattu, Tamil Nadu
Permanent · Chennai
IUMENTAS LIFE SCIENCE
Veterinary Sales Manager For The State of Assam
Permanent · Guwahati
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Plastic Manufacturing Company| Umbergaon
Permanent · Navsari
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Polythread Manufacturing Company| Ranchi
Permanent · Ranchi
ENGGSERVICES2INDIA
Production Quality Manager - Immediate Requirement
Permanent · Bengaluru
By
Reuters
Published
Sep 7, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hudson's Bay quarterly sales shoot up 60 percent

By
Reuters
Published
Sep 7, 2016

Canadian department store operator Hudson's Bay Co reported a 60 percent jump in quarterly sales, helped by its expansion in Europe and the acquisition of online retailer Gilt.


Hudson's Bay



Hudson's Bay, which owns U.S. luxury retail chain Saks Fifth Avenue, bought German department store chain Galeria Kaufhof and its Belgian subsidiary, Inno, from Metro for about $2.7 billion last year.

Hudson's Bay also plans to open up to 20 stores in the Netherlands. In addition, the first five Saks OFF 5TH stores in Germany are expected to open next summer.

The Canadian retailer, founded in 1670 and the oldest continuously operating company in North America, is expanding in Europe to help mitigate the impact of challenging markets in the United States and Canada.

The company also operates its namesake department stores in Canada and the Lord & Taylor chain in the United States.

Hudson's Bay said it expects sales for the fiscal year 2016 to "trend towards the bottom end" of its forecast of C$14.9 billion to C$15.9 billion due to the "overall retail environment".

The company's consolidated retail sales shot up to C$3.25 billion from C$2.04 billion.

Hudson's Bay reported a net loss of C$142 million ($110.5 million), or 78 Canadian cents per share, for the second quarter ended July 30, compared with a profit of C$59 million, or 28 Canadian cents per share, a year earlier.

The second quarter of 2015 included a pre-tax gain of C$133 million.

($1 = 1.2847 Canadian dollars)
 

© Thomson Reuters 2021 All rights reserved.

Tags :
Business