Indigo News

• Indigo set to go private after shareholders vote in favour of deal

  Indigo Books & Music Inc. shareholders voted on Monday morning to approve a deal that will see the retailer become a private company.

  Consumer

  May 27
  
• Indigo to go private after sale to holding company

  Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder.

  Canada

  Apr 3
  
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• Indigo earnings impacted by ransomware attack, softer demand: CEO

  On a call with analysts, Ruis said Indigo's search engine optimization was heavily impacted by the attack, which happened in February, resulting in lower online traffic.

  Canada

  Aug 11, 2023
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• Indigo says changing consumer habits, cyberattack dragged down earnings

  Indigo said cooling consumer spending compounded the effects of a ransomware attack against the company in February, dragging down its earnings amid a board of directors shakeup.

  Tech

  Jun 28, 2023
• Indigo shakeup: Heather Reisman retiring, 4 other board members stepping down

  Indigo Books and Music Inc. says founder Heather Reisman will retire as executive chair and as a director this summer, while four other members of its board have also stepped down.

  Money

  Jun 7, 2023
• Indigo says hacked employee data may appear on ‘dark web’ this week, won’t pay ransom

  The company says there are a number of reasons for not paying the ransom, including that there is no way to guarantee the data won't be released even after the payment is received.

  Tech

  Mar 1, 2023
• Indigo says ransomware attack breached data of current and former employees

  Indigo said the breach on Feb. 8 left no indication that customers' personal information, such as credit card numbers, had been accessed, but that 'some employee data was.'

  Tech

  Feb 24, 2023
• Indigo launches temporary website – for browsing only – after cybersecurity incident

  Indigo offered no timeline for when its website might return but says it's team is working hard to restore its online experiences.

  Tech

  Feb 17, 2023
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• Indigo at risk of reputational damage as website outage drags on, experts say

  Retail analyst and author Bruce Winder says customers are understanding as the number of cybersecurity incidents increase, but it only goes so far.

  Consumer

  Feb 15, 2023