Press Releases

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Company News
May 14, 2018
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX:HBC) today announced the appointment of Vanessa LeFebvre as President of Lord & Taylor . With a passion for delivering compelling customer experiences grounded in data, LeFebvre will lead Lord & Taylor's evolution in reimagining the regional
May 10, 2018
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) is scheduled to announce full financial results for the first quarter ended May 5, 2018 before the opening of the financial markets on June 5, 2018 . Senior management will discuss financial results and other matters during a conference call
Apr 27, 2018
NEW YORK & TORONTO --(BUSINESS WIRE)-- HBC (TSX:HBC) today provided an update on its investigation into the previously-disclosed data security issue involving customer payment card data at Saks Fifth Avenue , Saks OFF 5TH and Lord & Taylor locations in North America .
Apr 16, 2018
New Leader Charged with Advancing the Company's Approach to Marketing TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX:HBC) today announced the appointment of Bari Harlam as Chief Marketing Officer, effective immediately. Ms. Harlam will lead HBC's Marketing Center of Excellence , charged with
Apr 01, 2018
NEW YORK & TORONTO --(BUSINESS WIRE)-- HBC (TSX:HBC) today announced that it has become aware of a data security issue involving customer payment card data at certain Saks Fifth Avenue , Saks OFF 5TH, and Lord & Taylor stores in North America . While the investigation is ongoing, there is no
Mar 28, 2018
Fourth Quarter net income of $84 million , compared to a net loss of $152 million in the fourth quarter of the prior year; normalized net income of $20 million compared to $2 million Fourth quarter Adjusted EBITDAR of $528 million , compared to $564 million in the prior year Fourth quarter retail
Mar 01, 2018
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC ) is scheduled to announce full financial results for the fourth quarter and fiscal year ended February 3, 2018 before the opening of the financial markets on March 28, 2018 . Senior management will discuss financial results and other matters
Feb 07, 2018
TORONTO , NEW YORK & COLOGNE, Germany --(BUSINESS WIRE)-- HBC (TSX: HBC ) today announced that, after a careful review and consideration conducted in consultation with our financial and legal advisors which included an in-person meeting with SIGNA Holding GmbH and its advisors, its Board of
Feb 05, 2018
Transformational Leader Will Oversee HBC's Global Strategy & Operations TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC ) today announced that its Board of Directors has appointed Helena Foulkes as Chief Executive Officer, effective February 19, 2018 .
Jan 09, 2018
Dec 06, 2017
Proceeds Used to Reduce Outstanding Borrowings and Strengthen Balance Sheet HBC appoints Steven Langman and Eric Gross as Directors TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) and Rhône Capital today announced the closing of the previously announced U.S.
Dec 06, 2017
TORONTO & NEW YORK & COLOGNE, Germany --(BUSINESS WIRE)-- HBC (TSX: HBC): Third quarter retail sales decreased 4.2% to $3.2 billion ; comparable sales on a constant currency basis declined by 3.2% Saks Fifth Avenue achieves positive constant currency comparable sales for second consecutive quarter;
Dec 01, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) (the "Company") today announced that it has reached an agreement with Land & Buildings to withdraw its appeal of the Toronto Stock Exchange's (TSX) decision to conditionally approve the previously announced equity investment by Rhône Capital.
Nov 27, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) today provided an update in respect of strong shareholder support for Rhône Capital's equity investment of U.S. $500 million ( C$632 million ) in the form of 8-year mandatory convertible preferred shares, which was previously announced as part
Nov 21, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC ) is scheduled to announce full financial results for the quarter ended October 28, 2017 before the opening of the financial markets on December 6, 2017 . Senior management will discuss financial results and other matters during a conference call
Nov 15, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) today provided a regulatory update in respect of Rhône Capital's equity investment of U.S. $500 million ( C$632 million ) in the form of 8-year mandatory convertible preferred shares, which was previously announced as part of a series of
Nov 13, 2017
Nov 07, 2017
Multi-Faceted Strategic Relationship Provides Significant Benefits to Shareholders TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) today provided an update on the previously announced series of strategic transactions with WeWork Companies ("WeWork"), Rhône Capital (together with Rhône Group
Nov 06, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC) today announced the appointment of Milton Pappas to Chief Marketing Officer, effective immediately. In this role, Mr. Pappas will lead the Marketing Center of Excellence (COE), charged with executing the marketing strategies of
Nov 02, 2017
Corrects Inaccurate Statements by Land & Buildings TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX:HBC) today responded to the inaccurate public statements made by Land & Buildings in its press release issued November 1, 2017 regarding the Company's previously announced strategic transactions
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