Initial plans to open 20 Hudson’s Bay department stores in the Netherlands have been narrowed to 15. The retailer announced that it is currently focusing on stores that are in development and denies financial problems.
Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.
The company has announced a positive fourth quarter, ended December 31, 2017, propelled forward by even demand across apparel, accessories and footwear categories, and success in EMEA, Canada and APAC.
UBM Fashion is collaborating with Mmode, the Montréal Metropolitan Fashion Industry Cluster, in Las Vegas, bringing over 60 Montréal fashion companies to UBM Fashion’s marketplace during February 12-14, 2018.