
Hudson's Bay will open its first store in the Netherlands on September 5 instead of September 19 as originally planned. The range will be younger and more fashion forward than that of its sister retailer Galeria Kaufhof.
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Hudson's Bay will open its first store in the Netherlands on September 5 instead of September 19 as originally planned. The range will be younger and more fashion forward than that of its sister retailer Galeria Kaufhof.
The Canadian department store operator said on Friday it would streamline its structure across its various store chains to compete in what it called a "brutal" retail environment, while its shares plunged to record lows.
More than 400 customers queued outside Carsch-Haus in Düsseldorf in a bid to be the first to get their hands on designer bargains at Saks Off 5th’s first European store.
Canadian department store operator Hudson's Bay Co said on Friday it planned to invest around 400 million euros ($425 million) in Europe this year in a bid to grow its sales there by 20 percent over the next two years.
Hudson's Bay Company has named Wolfgang Link as CEO of HBC Europe, owner of Galeria Kaufhof and the Galeria Inno, which is also rolling out Hudson's Bay and Saks Off 5th in the European market.
Hudson's Bay Co has made a takeover approach for retail chain Macy's Inc, according to people familiar with the matter, in a deal that would push the Canadian department store operator deeper into the U.S. market.
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.
German retailer Metro expects sales and earnings to rise again in the 2015/16 fiscal year despite the tough economic climate after reporting better-than-expected operating earnings for the fourth quarter.
Canadian department store operator Hudson's Bay Co posted a 34 percent rise in quarterly sales, helped by higher same-store sales in North America and Europe and strong online sales.
Canadian department store operator Hudson's Bay posted a 34% rise in quarterly sales, helped by higher same-store sales in North America and Europe and strong online sales.