Iain Nairn Named President of Hudson’s Bay
13 Januar 2020 - 10:15PM
Business Wire
Veteran Retailer Tapped to Drive Transformation
and Growth for Canada’s Iconic Retailer
Hudson’s Bay Company (TSX: HBC) today announced that Iain Nairn
has been appointed President, Hudson’s Bay, effective January 12th,
2020. A highly-accomplished retail executive, Mr. Nairn has a
remarkable track record of driving profitable growth and
transformational change at a wide variety of retailers, from
specialty to department store formats. He reports directly to
Helena Foulkes, CEO, HBC.
Helena Foulkes commented, “We took time to conduct a thorough,
worldwide search to ensure we found the right person to lead the
business and steward the Hudson’s Bay brand. Iain brings strong
leadership, sharp focus and in-depth expertise that I believe will
make a positive impact on Hudson’s Bay. To date, the team has made
great strides in fixing the fundamentals, evolving our service
model and elevating our merchandise assortment. There is a
tremendous opportunity in Canada to deliver an outstanding customer
experience and I am excited to work with Iain to elevate the brand
and drive performance for future success.”
Most recently, Mr. Nairn was CEO of kikki.K, a global Swedish
design and stationery business, with 102 namesake stores and
ecommerce, and product lines available in over 147 countries
worldwide. Previously, Mr. Nairn was CEO of David Jones,
Australia’s leading premium omnichannel department store chain,
where he increased profitability and delivered comp store sales
growth in his first year. Before joining David Jones, he was chief
executive of Country Road Group for two years and CEO of Witchery
Group for six years.
On his appointment, Mr. Nairn said, “Few brands have such a
strong awareness and connection with customers as does Hudson’s
Bay, and I am thrilled to join such an iconic retail institution.”
He continued, “I am looking forward to working with the team and
building on the great work that has been underway to evolve the
Hudson’s Bay experience across all channels.”
Originally from the U.K., Mr. Nairn has worked in multiple
markets, including Australia, New Zealand, the U.K. Europe, Asia
and South Africa.
About Hudson’s Bay HBC, incorporated in 1670, is North
America’s oldest company. Hudson’s Bay has grown to become Canada’s
most prominent department store, today operating 89 full-line
locations and thebay.com. Hudson’s Bay has established a reputation
for quality, service, and style by offering well-edited assortments
of exclusive and popular fashion, beauty, home and accessory
designers and brands, as well as exclusive food concepts. It is
part of the HBC brand portfolio. The signature stripes are a
registered trademark of Hudson’s Bay Company.
About HBC HBC is a diversified retailer focused on
driving the performance of high-quality stores and their
omni-channel platforms and unlocking the value of real estate
holdings. Founded in 1670, HBC is the oldest company in North
America. HBC’s portfolio today includes formats ranging from luxury
to premium department stores to off price fashion shopping
destinations, with nearly 250 stores and approximately 30,000
employees around the world. HBC’s leading businesses across North
America include Saks Fifth Avenue, Hudson’s Bay, and Saks OFF 5TH.
HBC also has significant investments in real estate joint ventures.
It has partnered with Simon Property Group Inc. in the HBS Joint
Venture, which owns properties in the United States. In Canada, it
has partnered with RioCan Real Estate Investment Trust in the
RioCan-HBC Joint Venture.
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Media Contact: Tiffany Bourré Hudson’s Bay Company Phone:
905-595-7184 Email: tiffany.bourre@hbc.com
Investor Relations: Phone: 416-256-6745 Email:
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