Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy.
Category: Hudson’s Bay Co
-
After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores
The New York Times – Business: -
Saks Files for Bankruptcy as Department Stores Fight for Survival
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.
-
Why Three Wealthy Bidders Are Fighting for What’s Left of Hudson’s Bay
Months after the shutdown of the 355-year-old Hudson’s Bay Company, the legal action it created continues apace.
-
Saks Owner Is Said to Acquire Neiman Marcus in High-End Retail Deal
HBC, the parent of Saks Fifth Avenue, would acquire Neiman Marcus for $2.65 billion.