Hudson's Bay's most valuable artworks to be auctioned off today
Posted on: Mar 17, 2025 18:42 IST | Posted by: Cbc
Fate of HBC artifacts sparks questions, concerns
william henry hudson’s quest looks to auctioneer 1670 royal charter | Hanomansing Tonight
Edmonton writer pens story of Hudson's Bay closure and Métis people
Hudson's Bay department store faces crisis in 1985
The auction is taking place as part of the liquidation of Hudson's Bay's assets. The historic Canadian retailer filed for creditor protection in March and opted to sell inventory, close stores and wind down its operations.
The months-long process has seen the closure of the company's more than 80 stores, in addition to its Saks Fifth Avenue-affiliated locations and layoffs of over 8,000 employees.
Canadian Tire acquired the Hudson's Bay brand, trademarks and intellectual property, including its logos and coat of arms, for $30 million.
Today, Hudson's Bay Company is launching its auction of 27 paintings in its art collection. The paintings were made by some high-profile artists who took commissions for commercial work, including Charles Fraser Comfort, William Kurelek and Maurice Galbraith Cullen.
They depict scenes of the company's — and country's — history, as seen through the glossy eyes of retail's yesteryear. But some of them are literal pieces of history, too. For example, the collection includes a piece by none other than Sir Winston Churchill.
The 1935 oeuvre by the British wartime prime minister portrays a sunny, sandy street in Morocco. It was a gift to his wife Clementine Churchill and not a commission, so it's unclear how it landed into the Bay's hands. It's called Marrakech, and is estimated to sell for at $400,000 to $600,000.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.