Richard Baker Replaces Marc Metrick as Saks Global Faces Bankruptcy

#NewYork, #USA
Richard Baker has succeeded Marc Metrick as the leader of Saks Global while the luxury retail group prepares for a potential bankruptcy filing.The management transition follows reports that the company missed a debt payment exceeding 100 million dollars linked to its acquisition of Neiman Marcus.Saks Global is currently negotiating with creditors for financing as high inflation and a weakening labor market continue to reduce discretionary luxury spending.
Published:1h
Tags
#RichardBaker#SaksGlobal#MarcMetrick#NeimanMarcus
Read more
FashionNetwork BoF
Discuss

#Earth

#

USA

Tatiana Schlossberg Dies at 35 After Cancer Battle

Tue/Wed
#

Switzerland

Antonio Tajani Reports 47 Dead in Switzerland Bar Fire

27h/21h
#

Switzerland

Prosecutors Question Managers After Deadly Fire in Switzerland

2h/39m
#

Iran

Trump Warns Iran of US Intervention Amid Protests

10h/1h
#

Switzerland

Sweden Offers Aid After Swiss Fire Kills 40

11h/3h
#

Switzerland

Survivors Recall Past Tragedies After Deadly Switzerland Fire

2h/1h
#

USA

Zohran Mamdani Becomes New York Mayor Amid Quran Controversy

27h/19h
#

Mexico

Mexico Earthquake Interrupts Presidential Press Briefing

3h/43m
#

USA

Trump Ignores Medical Advice on Aspirin Amid Increasing Health Scrutiny

26h/18h
#

USA

BYD Becomes World Top EV Maker Despite Slowing Sales

5h/31m
#

USA

Donald Trump Withdraws National Guard From Three Major U.S. Cities

44h/43h
#

USA

Investigators Search for DNA Evidence After Fatal Colorado Mountain Lion Attack

1h/6m
#

USA

Satirist Parodies Trump-Kennedy Center as Artists Cancel Shows

Tue
#

Iran

Deaths Reported as Economic Protests Spread Across Iran

27h/22h
#

USA

Trump Administration Seeks to Revoke Citizenship in Fraud Case

Wed/43h
#

USA

Judge Unseals Files Suggesting DOJ Pushed to Charge Migrant

Tue/Wed
#

Israel

Israel Bans Doctors Without Borders From Gaza Starting 2026

Tue
#

Finland

Authorities Seize Vessel After Cable Break in Gulf of Finland

Wed/44h
#

Germany

Customers Protest After Gelsenkirchen Sparkasse Vault Heist

Tue
#

Switzerland

Several Die in Swiss Bar Explosion During New Year Event

37h/27h
#

Brazil

Brazil Supreme Court Denies Jair Bolsonaro House Arrest Request

24h/18h
#

Ukraine

Zelenskyy Overhauls Leadership as Russian Offensive Intensifies

10m
#

Italy

Sweden Unveils Star-Studded Olympic Hockey Roster for Milan 2026

2h/58m
#

USA

FBI Arrests North Carolina Man for Alleged New Year Terror Plot

1h/8m
#

USA

Trump Enlists Jack Nicklaus for Military Golf Course Overhaul

1h/45m
#

Ukraine

Zelensky Appoints Budanov Chief of Staff Amid Trump Peace Talks

4h/1h
#

USA

Victoria Jones Dies From Suspected Overdose in San Francisco Hotel

5h/1h
#

Yemen

UAE Withdraws From Yemen Following Saudi Arabia Strike

Tue
#

Ukraine

Donald Trump Discusses Sending US Troops to Ukraine in Peace Deal

Tue
#

Iran

Pezeshkian Urges Dialogue as Iran Protests Escalate

Tue
#

USA

DOJ Reviews 5.2 Million Epstein Files Following Missed Deadline

Wed/45h
#

USA

Analysts Question Russian Claims of Drone Attack on Vladimir Putin

Tue
#

UK

Channel Tunnel Power Outage Halts Eurostar Services

Tue
#

USA

Boebert Accuses Trump of Retaliation After Bipartisan Bill Vetoes

46h/43h
#

SaintBarthélemy

Alix Earle and Tom Brady Spark Romance Rumors in St. Barths

2h/1h
#

France

France Proposes Social Media Ban for Children Under 15

Wed/44h
#

France

French Officials Defend George Clooney Citizenship Amid Criticism

Wed/44h
#

USA

Five States Restrict SNAP Purchases Starting New Year's Day

44h/43h
#

USA

Israel Criticizes New York Mayor Zohran Mamdani Over Antisemitism Policy

2h/54m
#

USA

Three Hikers Die on Mt. Baldy Following Steep Fall

Tue/Wed
#

Taiwan

Taiwan Condemns China as Military Maneuvers Simulate Blockade

Tue/Wed
#

USA

Stranger Things Ends as Hollywood Prepares Massive 2026 Film Slate

3h/57m
#

USA

Jack Smith Admits Judges Were Not Notified of Lawmaker Subpoenas

45h/43h
#

Spain

Cecilia Gimenez Dies at 94 After Botched Restoration Fame

Tue
#

USA

Trump Claims Venezuela Strike Amid Legal Battle With Media

47h/46h
#

USA

Trump Administration Ends DC Golf Course Lease Agreement

44h/43h
#

Venezuela

Maduro Offers Dialogue Following CIA Drone Strike in Venezuela

4h/12m
#

Russia

Russian Drone and Missile Attacks Decline in December

33h/22h
#

France

French Officials Report Illegal AI Images Generated by Grok

1h/15m
#

Peru

One Dead and 30 Injured in Peru Train Collision Near Machu Picchu

Tue
#

Italy

Leo XIV Concludes Year With Call for Welcoming Rome

Wed/46h
#

USA

Judge Blocks Trump From Halting CFPB Funding

Tue
#

USA

Federal Officers Surge in Minnesota Amid Massive Fraud Probe

Tue/Wed
#

Ukraine

Moscow Blames West After Drones Kill 24 in Kherson

9h/1h
#

UK

Queen Camilla Details Teenage Train Assault in BBC Interview

Wed
#

USA

Millions Face Healthcare Cost Spikes as ACA Subsidies Expire

26h/19h
#

USA

Mel Gibson and Rosalind Ross Announce Split After Nine Years

Tue
#

Italy

6 Injured After Cable Car Crashes Into Wall in Italian Alps

Tue
#

Italy

Canada Names Celebrini and Marchand to Olympic Hockey Roster

46h/45h
#

Venezuela

Trump Escalates Military Pressure With First Strike on Venezuela

Tue
#

Egypt

Angelina Jolie Visits Rafah Border Amid Humanitarian Blockade

2h
#

Russia

Moscow Hardens Peace Talks Stance After Alleged Drone Attack

Tue
#

USA

Zohran Mamdani Takes Oath as First Muslim Mayor of New York

Wed/45h
#

USA

Wall Street Ends 2025 in Red Amid High Demand for Nvidia Chips

Wed/44h
#

USA

Critics Warn of Environmental Costs Amid Rapid AI Infrastructure Growth

5h/1h
#

USA

Trump Defends Health and Explains Hand Bruises Amid Diet Scrutiny

5m
#

USA

CDC Reports 7.5 Million Flu Cases as H3N2 Variant Spreads

Tue
#

USA

Five US States Restrict SNAP Benefits for Soda and Candy Purchases

Tue/Wed
#

Switzerland

New Year Fire Kills Dozens at Swiss Ski Resort Bar

29h/21h
#

USA

Amanda Nguyen Recovers From Depression After Spaceflight Backlash

Tue
#

USA

John Roberts Defends Judicial Independence in Annual Report

43h
#

Yemen

Hadramout Governor Launches Operation To Retake Bases

8h/1h
#

USA

Dallas Cowboys Release Trevon Diggs as Brother Stefon Shines

Tue
#

USA

Trump Cuts Italian Pasta Duties and Postpones Furniture Tariffs

28h/26h
#

USA

Five States Restrict SNAP Purchases Under New Health Initiative

6m
#

USA

Critics Reevaluate Reading Values as American Literacy Habits Decline

27m
#

USA

Medical Experts Raise Alarms Over Donald Trump Health Transparency

11h/4h
#

USA

Trump Mocked After Mistaking Israeli Falcon for American Eagle

43h
#

USA

US Immigration Authorities Intensify Deportations and Asylum Cancellations

4m
#

Australia

Nicole Kidman Celebrates New Year With Daughters After Keith Urban Divorce

3h/2h
#

Italy

Economists Forecast Growth Amid Trump Tariffs and Media Concerns

44h
#

France

France Defends George Clooney Citizenship Following Donald Trump Criticism

36m
#

USA

Trump Proposes $2,000 Payments Amid Unfulfilled Global Tariff Threats

24h/19h
#

USA

Washington Monument Becomes Giant Candle for USA 250th Anniversary

Wed/44h
#

Taiwan

China Vows Countermeasures Amid Massive Taiwan Military Drills

Tue
#

Palestine

Israel Revokes Accreditation for 37 International Aid Groups

8h/1h
#

USA

Tatiana Schlossberg Dies as Company Recalls E. Coli Beef

Tue
#

UK

Coroner Warns of Baby Death Risk After Botched Circumcision

1h
#

Italy

Man Dies from Firecracker Injuries During Rome New Year Events

44h
#

Belarus

Russia Deploys Hypersonic Oreshnik Missiles in Belarus

Tue
#

Palestine

Nations Warn of Gaza Crisis as Israel Restricts Aid Groups

Tue
#

USA

Richard Baker Replaces Marc Metrick as Saks Global Faces Bankruptcy

1h
#

USA

Judge Blocks Donald Trump Plan to End Protections for Migrants

Tue
#

Australia

Venus Williams and Lois Boisson Join Australian Open Main Draw

1h
#

USA

Donald Trump Consolidates Power With Record Executive Orders

Tue
#

USA

Wall Street Wobbles as Tech Gains Fade to Start 2026

1h
#

USA

Sanders and Ocasio-Cortez to Lead Public Inauguration of Mamdani

35h/29h
#

USA

Trump Returns as 2026 Brings Global Elections and Lunar Missions

1h
#

USA

Nick Reiner Charged After Rob and Michele Reiner Found Murdered

Tue
#

USA

Suspect in 2021 DNC and RNC Pipe Bombing Case Must Remain Jailed Until Trial

1h