×
2 420
Fashion Jobs
AESOP
Retail Consultant | Fixed-Term | Part-Time | Brighton
Permanent · Brighton
PRETTYLITTLETHING
Senior Affiliate Marketing Executive
Permanent · MANCHESTER
BOOHOO
Ecommerce Trading Executive
Permanent · MANCHESTER
ESTEE LAUDER
Clinique - Consultant - Brown Thomas, Dublin - 15 Hours - Part-Time, Permanent
Permanent · Dublin
SHISEIDO
Nars Account Manager - Harvey Nichols London (37.5 Hours)
Permanent · London
ESTEE LAUDER
Clinique - Consultant - m&s Newcastle - 15 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTEE LAUDER
jo Malone London - Marketing And Consumer Engagement Director
Permanent · London
AESOP
Retail Consultant | Part-Time, Permanent | Aesop Selfridges Exchange Square, Manchester
Permanent · Central
BOOHOO
Print Sales Account Manager
Permanent · MANCHESTER
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
Mac Cosmetics - Business Manager - Mac Stratford2, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
HARRODS
Brand Manager
Permanent · LAKESIDE
HARRODS
Uniformed Security Officer
Permanent · LONDON
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
ESTEE LAUDER
Bobbi Brown, la Mer And Darphin - CRM & Insights Assistant
Permanent · London
HARRODS
Food Supply Manager
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · CAMBRIDGE
HEAD OFFICE
Cyber Security Lead – Incident Response
Permanent · BRACKNELL
HEAD OFFICE
Delivery & Operations Manager
Permanent · BRACKNELL
BOOHOO GROUP
Product Manager
Permanent · MANCHESTER
DEBENHAMS
CRM Executive
Permanent · LONDON
PRETTYLITTLETHING
Business Analyst
Permanent · MANCHESTER
By
Reuters
Published
Jan 27, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hudson's Bay to open Saks stores in Toronto

By
Reuters
Published
Jan 27, 2014

TORONTO, Canada - Hudson's Bay Co said on Monday it planned to open a full-line Saks store at the Hudson's Bay flagship store in the heart of downtown Toronto, as part of a plan to give its wholly owned subsidiary a retail footprint into Canada.

The Canadian retailer, which completed its $2.4 billion purchase of U.S. luxury chain Saks Inc late last year, said the approximately 150,000 square-foot, multi-level Saks will likely open in the fall of 2015 and will be co-located with the current Hudson's Bay store.

Hudson's Bay also said it has agreed to sell its downtown Toronto flagship retail complex and the Simpson's Tower located at 401 Bay Street to an affiliate of the Cadillac Fairview Corp for $650 million. The proceeds of the transaction will be used to reduce debt and invest in growth initiatives.

The company will lease the entire retail and office complex back for a base term of 25 years with renewal options for a term just under 50 years. The deal is expected to close next month.

As part of this deal, Saks has also agreed to lease space in Toronto's Sherway Gardens mall for a full-line Saks store.

© Thomson Reuters 2022 All rights reserved.