Hudson's Bay Names New CEO

New York City A report on Tuesday in the New York Post said Canadian retailer Hudson’s Bay has hired Bonnie Brooks away from Hong Kong-based luxury chain Lane Crawford to run its department store business.

The appointment follows the Hudson’s Bay buyout last month by Purchase, N.Y.-based private-equity fund NRDC. In addition to The Bay, Hudson's Bay operates the Zellers, Home Outfitters and Fields chains.