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.
Hudson's Bay Panel Comments on Bid
Activist shareholder Jonathan Litt had lambasted the bid as "woefully inadequate" then, saying the company was worth double what the group was offering.
Hudson's Bay Panel Comments on Bid
Activist shareholder Jonathan Litt had lambasted the bid as "woefully inadequate" then, saying the company was worth double what the group was offering.
Catalyst Capital Seeks $114M Hudson's Bay Stake
The Private Equity firm offered to buy up to 14.85 million shares of the retail group in a bid to oppose Executive Chairman Richard Baker's plans to take the company private.
Catalyst Capital Seeks $114M Hudson's Bay Stake
The Private Equity firm offered to buy up to 14.85 million shares of the retail group in a bid to oppose Executive Chairman Richard Baker's plans to take the company private.
Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate
Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.
Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate
Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.
Chairman’s Bid for Hudson’s Bay Called ‘Woefully Inadequate,' By Activist Investor
The New York hedge fund, run by Jonathan Litt, came out swinging Tuesday against the C$9.45-a-share bid announced last week for the remaining stock of Hudson’s Bay.
Chairman’s Bid for Hudson’s Bay Called ‘Woefully Inadequate,' By Activist Investor
The New York hedge fund, run by Jonathan Litt, came out swinging Tuesday against the C$9.45-a-share bid announced last week for the remaining stock of Hudson’s Bay.
Hudson's Bay Posts Wider-Than-Expected Loss
The owner of Saks Fifth Avenue and Lord & Taylor said earlier this week it was evaluating a $1.3 billion go-private cash offer from its executive chairman and other shareholders.
Hudson's Bay Posts Wider-Than-Expected Loss
The owner of Saks Fifth Avenue and Lord & Taylor said earlier this week it was evaluating a $1.3 billion go-private cash offer from its executive chairman and other shareholders.
Can Going Private Save Hudson’s Bay Company?
Executive Chairman Richard Baker wants to take the owner of Saks Fifth Avenue and Lord & Taylor private. Public or private, the ailing department store operator will need to close stores and endure some short-term losses to survive, industry experts say.
Can Going Private Save Hudson’s Bay Company?
Executive Chairman Richard Baker wants to take the owner of Saks Fifth Avenue and Lord & Taylor private. Public or private, the ailing department store operator will need to close stores and endure some short-term losses to survive, industry experts say.
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
Hudson's Bay Chairman to Buy Stake Held by Ontario Pension Fund
Richard Baker's entity Rupert of the Rhine LLC will purchase about 18 million shares at C$9.45 each.
Hudson's Bay Chairman to Buy Stake Held by Ontario Pension Fund
Richard Baker's entity Rupert of the Rhine LLC will purchase about 18 million shares at C$9.45 each.
Activist Urges the Owner of Hudson's Bay to Mimic Macy's
Activist investor Land & Buildings resumed its criticism of department store owner Hudson's Bay Co., urging it to correct its underperformance and extract value from its substantial real estate holdings.
Activist Urges the Owner of Hudson's Bay to Mimic Macy's
Activist investor Land & Buildings resumed its criticism of department store owner Hudson's Bay Co., urging it to correct its underperformance and extract value from its substantial real estate holdings.
Build Condos Above Stores, Shareholder Tells Hudson's Bay
Condo prices are rising in many Canadian cities even as the overall market shows signs of cooling off.
Build Condos Above Stores, Shareholder Tells Hudson's Bay
Condo prices are rising in many Canadian cities even as the overall market shows signs of cooling off.
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.
