Hudson Bay

Gilt’s Unicorn Tale Comes To An End After Being Acquired For $250M

Hudson's Bay Company, the owner of department chain stores like Saks Fifth Avenue, said today it was acquiring Gilt Groupe for $250 million. The sale still represents a tough end to the story of Gi

Is Gilt About To Be Acquired By Saks Fifth Avenue?

Gilt.com, the New York-based fashion discount site, is in talks to be acquired for $250 million, according to the Wall Street Journal. The prospective buyer is Hudson’s Bay, which owns Saks Fifth Av