2025-06-07 06:00
publication
2025-06-07 06:00
The oldest Canadian company, 335 years old, Hudson's Bay Company went bankrupt, and the remaining intellectual property, including a model famous in Canada, will buy another Canadian company, Canadian Tire – the court decided.
Last Sunday, the sale in 96 Hudson's Bay and Saks Fifth Avenue has ended. On Tuesday, the court gave permission to buy residues after Hudson's Bay, including the database of loyalty program and just iconic Koca Canadians, which is more than 20 years old – the media said. The famous blanket designed in 1779 is made of white wool, has four stripes in green, red, yellow and indigo. 30 million Canadian dollars from Canadian Tire will be allocated to pay off some of the debts.
Established in 1922, Canadian Tire is a company selling car equipment, sports equipment, small household appliances, house and gardens equipment, tourist equipment, and clothing stores are also in the group. Hudson's Bay was the oldest Canadian company, she received the royal patent on May 2, 1670, i.e. in colonial times, before the creation of a sovereign Canadian state in 1867.
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At the beginning, Hudson's Bay traded in leather, in recent decades it was an elegant department store, took over other departmentholds networks, even 12 years ago the company bought a luxury American brand SAKS FIFTH Avenue. At the beginning of March this year. Hudson's Bay with almost one billion Canadian debts began to apply for protection against creditors. March 24 this year The liquidation of Hudson's Bay stores began.
Some shopping premises want to buy Ruby Liu Commercial Investment Corp., a company from British Columbia. However, it is not known who will buy the original royal patent from 1670, archive and many works of art and souvenirs. At the end of April this year. The media reported that the Canadian Urbana Corp. He wants to buy the name Hudson's Bay and the Royal Patent, and transfer the document to one of the Canadian museums.
From Toronto Anna Lach (PAP)
Lach/ zm/
