3 ms·
Hudson Bay actually had some foresight in buying some other brands (Saks, Gilt) and investing in ecomm but it hasn't really turned them around.
by tootie 6y ago
Hudson Bay actually had some foresight in buying some other brands (Saks, Gilt) and investing in ecomm but it hasn't really turned them around.
- koolba 6y agoThey sold off Gilt over two years ago for a net loss (estimated at $150M): https://www.wsj.com/articles/gilt-groupe-sold-to-rival-rue-la-la-1528154398 https://www.wsj.com/articles/gilt-groupe-sold-to-rival-rue-l...
- andrew_ 6y agoForesight, maybe. An idea of what to do with them once acquired? Debatable.