French luxury makeup and skincare brand Clarins is pulling out of Hudson’s Bay stores in Canada.
In emails to CTVNews.ca on Thursday, Clarins and HBC, owner of Hudson’s Bay, both said it was a mutual decision but didn’t provide further details.
“Changes to our brand matrix are an ongoing and normal course of business. Clarins has been a valued brand partner to Hudson’s Bay and this decision was made mutually,” Tiffany Bourré, vice-president of corporate communications with Hudson’s Bay in Toronto, told CTVNews.ca.
Clarins also confirmed the decision.
“Changes and evolution are a natural path in our business. The long-term relationship between our two companies has always been underlined by values and principles. Clarins and Hudson’s Bay have mutually agreed to this decision,” Leila Yahyaoui, public relations …