Hbc Appoints Bonnie Brooks to President and CEO of the Bay

    TORONTO, Aug. 5 /CNW/ - Hudson's Bay Company (Hbc) President and CEO
Jeffrey Sherman today announced the appointment of Canadian Bonnie Brooks as
President and CEO of the Bay, the country's oldest department store. Brooks
brings extensive prestige brand and department store experience to her new
role leading the 94-store Bay chain.
    "Bonnie has spent more than 25 years building prestige retail formats
around the world, like Holt Renfrew, Lane Crawford, Harvey Nichols, and
leading designer brand stand-alone stores in Asia," said Sherman. "Her retail
acumen will assist her as she elevates the Bay to a new position within the
Canadian retail landscape; one in which the Bay will be a premiere department
store experience with better brands and service."
    Brooks, who will start in early September, was most recently President of
the Lane Crawford Joyce Group based in Hong Kong. In this role, she oversaw
all aspects of the Company which represents many of the world's leading brands
in over 500 locations in nine Asian countries; including the 158 year old Lane
Crawford department stores, Joyce Boutiques, Pedder Group, and the LCJG
Distribution Company, and more specifically, the expansion of these formats in
Greater China and South East Asia.
    In Canada, Ms. Brooks is best known for her roles at Holt Renfrew where
she was Executive Vice President/General Merchandise Manager and Senior Vice
President of Marketing. In these executive positions, she had complete
responsibility for strategic planning, all marketing functions, all
merchandise buying, designer brand acquisition, and more. She has also served
as Editor-in-Chief of FLARE, Canada's largest fashion and lifestyle magazine.
    "The role to transform the Bay from its existing format to world class
was too compelling to pass up," said Brooks. "Building exceptional retail
destinations is not only my profession, it's my passion. I look forward to
working with Jeff and the leadership teams at the Bay and Hbc to acquire new
prestige brands, many of whom I have had strong partnerships with for several
years. This is an exciting time for the Bay and for me personally. It is a
privilege and an honor to have an opportunity to grow this unique and
culturally rich company with a new energy over the next few years."

    About Hudson's Bay Company:

    Hbc is a division of Hudson's Bay Trading Company and Canada's largest
diversified general merchandise retailer, operating The Bay - a major
department store, Zellers - a mass merchandise format, Home Outfitters - a
kitchen, bed and bath specialty store, and value-priced Fields stores. With
more than 580 retail outlets and nearly 60,000 associates in Canada, Hbc
provides Canadians with stylish, quality merchandise at great value, through
retail banners focused on exceptional customer service.

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/

For further information:

For further information: In Canada: Hillary Marshall, Hbc, O: (416)
861-6315, C: (416) 705-7302, Hillary.marshall@hbc.com; In United States:
Elyssa Dimont, Lividini, Weisenfeld Partners, (212) 252-8881,

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