Saks CEO steps down as luxury retailer struggles under heavy debt load - ABC News
AI Summary1 min read
TL;DR
Saks Global CEO has stepped down amid the luxury retailer's financial struggles, including heavy debt and potential bankruptcy considerations, as Richard Baker takes over leadership.
- Saks CEO steps down as luxury retailer struggles under heavy debt load ABC News
- Saks Global CEO Marc Metrick exits Retail Dive
- Saks C.E.O. Steps Down as Company Struggles to Pay Down Debt The New York Times
- Saks Global CEO steps down as luxury retailer reportedly preparing for bankruptcy The Guardian
- Exclusive | Saks owner races to raise $1B in financing as CEO steps down, possible bankruptcy looms: sources New York Post