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.

Kartavya News

Jan 3, 2026 - 04:30

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.

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.

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