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.
Embattled Retailers Face Hong Kong’s ‘New Normal’
Renegotiating the cost of retail rent may be the only way for luxury brands to maintain their footprint in the critical but increasingly chaotic city.
Embattled Retailers Face Hong Kong’s ‘New Normal’
Renegotiating the cost of retail rent may be the only way for luxury brands to maintain their footprint in the critical but increasingly chaotic city.
Saks Fifth Avenue's Flagship Store Loses More than Half Its Value
The building was recently appraised at $1.6 billion, dropping almost 60 percent from five years ago.
Saks Fifth Avenue's Flagship Store Loses More than Half Its Value
The building was recently appraised at $1.6 billion, dropping almost 60 percent from five years ago.
Hudson’s Bay Chair to Receive $11 Million Payout In Takeover
The company agreed to sell itself to the group of investors led by Richard Baker last month after the buyers agreed to increase the takeover price to C$1.9 billion.
Hudson’s Bay Chair to Receive $11 Million Payout In Takeover
The company agreed to sell itself to the group of investors led by Richard Baker last month after the buyers agreed to increase the takeover price to C$1.9 billion.
Hudson’s Bay to Go Private at $1.45 Billion Valuation
The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain.
Hudson’s Bay to Go Private at $1.45 Billion Valuation
The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain.
Hudson's Bay Loss Widens on 'Hyper-Promotional' Retail Environment
Hurt by store closures, deep discounts and declining sales at the retailer's name brand, Hudson's Bay Co reported a wider second-quarter loss.
Hudson's Bay Loss Widens on 'Hyper-Promotional' Retail Environment
Hurt by store closures, deep discounts and declining sales at the retailer's name brand, Hudson's Bay Co reported a wider second-quarter loss.
Catalyst Reveals 16 Percent Stake in Saks Owner Hudson’s Bay
The company is poised to reveal that it owns about 29.4 million shares in Hudson’s Bay Co, having acquired about 18.5 million in July.
Catalyst Reveals 16 Percent Stake in Saks Owner Hudson’s Bay
The company is poised to reveal that it owns about 29.4 million shares in Hudson’s Bay Co, having acquired about 18.5 million in July.
Hudson’s Bay Chases Relevance
With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.
Hudson’s Bay Chases Relevance
With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.
Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million
The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.
Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million
The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.
Can Fashion’s Latest Sustainability Drive Make a Difference?
Brands are signing up to sustainability initiatives like they’re invitations to fashion week’s hottest parties. The jury’s out on whether their commitments will translate into real industry reform.
Can Fashion’s Latest Sustainability Drive Make a Difference?
Brands are signing up to sustainability initiatives like they’re invitations to fashion week’s hottest parties. The jury’s out on whether their commitments will translate into real industry reform.
Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake
Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt.
Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake
Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt.
What is The BoF 500?
The people shaping the global fashion industry, curated by the editors of The Business of Fashion, based on nominations and on-the-ground intelligence from around the world.
