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The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson) is a Canadian holding company of department stores, and the largest and oldest corporation in Canada.. As of December 2024, HBC has a Canadian division responsible for the namesake Hudson's Bay department stores (colloquially The Bay; La Baie in French), and an American division (Saks Global) that includes the full-line ...
Saks Global was created in 2024 after the Canadian Hudson's Bay Company (HBC) purchased the American Neiman Marcus Group (NMG). [2] [3] [4] The acquisition was finalized in December 2024 and the purchase cost $2.7 billion. [5]
Hudson's Bay Company, the oldest surviving corporation in Canada, founded in 1670 Hudson's Bay (department store), a retail subsidiary of the Hudson's Bay Company; Hudson's Bay point blanket wool blanket traded by the Hudson's Bay Company in exchange for beaver pelts.
Hudson's Bay (when it was still branded as The Bay) in Centerpoint Mall, in North York, Toronto, Ontario. The diversification of the Hudson's Bay Company (HBC) became necessary with the decline of fur trade in the latter half of the 19th century, and the Deed of Surrender in which ownership of the North-Western Territory and Rupert's Land was transferred from HBC to the newly established ...
Hudson Bay Capital Management (HBC) is an American multi-strategy investment management firm headquartered in Greenwich, Connecticut. The firm has no relation to Canada's more well-known Hudson's Bay Company .
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
Saks, Inc. was an American holding company founded in 1998 through the merger of Proffitts, Inc. and Saks Fifth Avenue. Before acquisition by the Canadian-founded Hudson's Bay Company in 2013, it held ownership of numerous regional department store chains including Carson's, McRae's, Parisian, and Proffitt's as well as the New York City-based Saks Fifth Avenue.
In 2013, Baker led the acquisition by Hudson Bay Company of Saks Fifth Avenue and Saks Off 5th [25] through the $2.9 billion purchase of its parent company, Saks Inc. [26] [27] In 2015, as HBC's chairman, Richard orchestrated the acquisition of Germany's largest department store chain, Galeria Kaufhof. [28]