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HBC Helped by Tax Reform, Hindered by Off-Price

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

While the luxury sector proved positive, HBC reported disappointing Q4 results as the off-price and international businesses struggled. In a nutshell: After a fairly strong November, Hudson’s Bay Company reported Wednesday that the fourth quarter turned out to be a disappointment overall. Other than Hudson’s Bay and Saks, the North America brands have “clearly not met…

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