The parent company of Saks Fifth Avenue and Lord & Taylor confirmed on Friday that it is in talks regarding a potential joint venture for its European business.

  • Hudson’s Bay gets offer for its German retail chain

In a statement, Hudson’s Bay Co. said that it is in discussions with Austria-based Signa Holding GMBH, and has signed a non-binding letter of intent with respect to the exploration of a potential joint venture. Hudson’s Bay and Signa…