AJMAN/WAM H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...
Read More »Hudson’s Bay sells Gilt to Rue La La in turnaround effort
Bloomberg The cleanup continues at Hudson’s Bay Co., the owner of Saks Fifth Avenue. The struggling Canadian retailer agreed to sell Gilt, a flash-sale, e-commerce company it bought two years ago that has become one of its worst-performing businesses. The buyer, Rue La La, announced the purchase on Monday without disclosing a price, and said it plans to run the ...
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