Overview

• Hudson’s Bay filed for creditor protection in March 2025, announcing the liquidation of 80 Bay stores and 16 Saks banners.
• Freed & Freed International, a four-generation Winnipeg garment maker, is owed $12,295 by the retailer, per court records.
• The company has been a key producer of Hudson’s Bay striped merchandise since the 1970s, crafting items like wool coats and mittens.
• Seventeen bids have been submitted for Hudson’s Bay assets, including the historic stripes motif, with Freed hoping for a buyer to preserve the design.
• Freed & Freed continues operations through government and high-end brand contracts, mitigating financial impact from the retailer’s collapse.