Saks Global’s executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman.
Category: Metrick, Marc J
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Saks Is at a Crossroads, Facing Creditor and Vendor Unease
The luxury retailer made an initial payment to bondholders on time, but six months after it acquired Neiman Marcus concerns about its finances remain.