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Richard Baker

Former Executive Chairman, Saks Global

A veteran retailer and savvy businessman since high school, Baker led the highly anticipated acquisition of Neiman Marcus Group and established Saks Global.

Richard Baker
Retail

The Battle for Saks' Parent Heats Up

This week, everyone will be talking about the vote to take Saks' owner private, the rush to deliver online orders in time for the holidays, and the potential for a pre-Christmas surprise. Get your BoF Professional Cheat Sheet.

Retail

The Battle for Saks' Parent Heats Up

This week, everyone will be talking about the vote to take Saks' owner private, the rush to deliver online orders in time for the holidays, and the potential for a pre-Christmas surprise. Get your BoF Professional Cheat Sheet.


Retail

Hudson's Bay's Take-Private Deal Falls Short in Shareholder Vote

According to sources, a buyout consortium of Hudson's Bay investors did not win enough votes from other company shareholders to go through.

Retail

Hudson's Bay's Take-Private Deal Falls Short in Shareholder Vote

According to sources, a buyout consortium of Hudson's Bay investors did not win enough votes from other company shareholders to go through.


Marketing

Lessons from Art Basel’s Viral Banana

Maurizio Cattelan’s duct-taped banana drove the kind of buzz that brands dream about. What can fashion labels learn?

Marketing

Lessons from Art Basel’s Viral Banana

Maurizio Cattelan’s duct-taped banana drove the kind of buzz that brands dream about. What can fashion labels learn?


Retail

Hudson's Bay Gets Support From Key Advisory Firm

Glass Lewis argues that there’s no viable alternative deal given that Chairman Richard Baker’s group said it won’t sell its shares to anyone else.

Retail

Hudson's Bay Gets Support From Key Advisory Firm

Glass Lewis argues that there’s no viable alternative deal given that Chairman Richard Baker’s group said it won’t sell its shares to anyone else.


Retail

Hudson’s Bay Sales Slump Ahead of Vote on Baker’s Takeover Bid

Comparable third-quarter sales fell 1.7 percent, while gross margins dropped 120 basis points.

Retail

Hudson’s Bay Sales Slump Ahead of Vote on Baker’s Takeover Bid

Comparable third-quarter sales fell 1.7 percent, while gross margins dropped 120 basis points.


Retail

Advisory Firm Recommends Shareholders Vote Against Hudson's Bay's Plans to Go Private

Chairman Richard Baker's offer comes seven years after he took the retailer public, and values the company at just a third of its 2015 worth.

Retail

Advisory Firm Recommends Shareholders Vote Against Hudson's Bay's Plans to Go Private

Chairman Richard Baker's offer comes seven years after he took the retailer public, and values the company at just a third of its 2015 worth.


Luxury

Does a Moncler-Kering Deal Really Make Sense?

Murmurs that the luxury outerwear label might be scooped up by the French conglomerate underscore likely further consolidation in the fashion business. But would it be the right move for either party?

Luxury

Does a Moncler-Kering Deal Really Make Sense?

Murmurs that the luxury outerwear label might be scooped up by the French conglomerate underscore likely further consolidation in the fashion business. But would it be the right move for either party?


Retail

Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table

Richard Baker's take-private deal comes seven years after he took Hudson's Bay public and values the company at just a third of its 2015 worth,

Retail

Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table

Richard Baker's take-private deal comes seven years after he took Hudson's Bay public and values the company at just a third of its 2015 worth,


Financial Markets

Hudson’s Bay Rejects $1.5 Billion Bid From Catalyst Capital

The response is the latest twist in the battle for the struggling retailer, which Chairman Richard Baker said he wants to turn around outside the glare of public markets.

Financial Markets

Hudson’s Bay Rejects $1.5 Billion Bid From Catalyst Capital

The response is the latest twist in the battle for the struggling retailer, which Chairman Richard Baker said he wants to turn around outside the glare of public markets.


Retail

Catalyst Tops Baker's C$1.9 Billion Offer for Hudson's Bay

The private equity firm has offered C$11 per share for the Canadian retailer.

Retail

Catalyst Tops Baker's C$1.9 Billion Offer for Hudson's Bay

The private equity firm has offered C$11 per share for the Canadian retailer.


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