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Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt

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.

Kim Bhasin
Author: Kim Bhasin

Written by

Kim Bhasin

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Appointments and Executive Changes, Bergdorf Goodman, Credit and Debt, Fashion and Apparel, Luxury Goods and Services, Metrick, Marc J, Neiman Marcus Group, Saks Fifth Avenue, Shopping and Retail
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