Hudson’s Bay Company to Buy Gilt for $250M

Toronto and New York–Hudson’s Bay Company is continuing its expansion poly by announcing today that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash. This transaction reflects HBC’s ongoing focus on advancing its all-channel model while continuing to grow its successful off-price business through the integration […]

The post Hudson’s Bay Company to Buy Gilt for $250M appeared first on Accessories Magazine.