Hudson s Bay Company — Saks Fifth Avenue & Richard Baker
3 shared events · Importance 3 · Last updated Jan 15, 2026
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Business
Hudson s Bay Company — Saks Fifth Avenue: Hudson s Bay Company — Saks Fifth Avenue is a luxury department store chain owned by VFS Global, which is reportedly preparing for bankruptcy. Its sales have declined, contributing to the parent company's financial woes.
Richard Baker: Richard Baker has taken over as CEO of VFS Global, succeeding Marc Metrick, and is tasked with navigating the company through its financial challenges and potential bankruptcy.
Jan 02, 2026 · 6 articles
Business
Richard Baker: Richard Baker assumed control of VFS Global after Marc Metrick stepped down, and was then replaced by Geoffroy van Raemdonck this week.
Jan 14, 2026 · 6 articles
Business
Richard Baker: Richard Baker stepped down as CEO of VFS Global just before the bankruptcy filing, having overseen the merger that contributed to the company's debt issues.
Jan 14, 2026 · 7 articles
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