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HBC to sell Lord & Taylor flagship for US$850m

2017-10-25 12:52:00| Daily apparel & textile news and comment - from just-style.com

Canadian retailer Hudson's Bay Company (HBC) has announced a series of strategic transactions with WeWork Companies and private equity firm Rhône Capital - including the sale of its Lord & Taylor Fifth Avenue flagship - as part of a strategic relationship designed to maximise the productivity and value of HBC's global real estate assets.

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