Richard Baker Assumes CEO Role at Saks Global, Signaling a New Chapter in Luxury Retail

Image courtesy Saks Fifth Avenue

Saks Global, the world’s largest multi-brand luxury retailer, has announced a significant leadership transition as Richard Baker, Executive Chairman of Saks Global, formally assumes the role of Chief Executive Officer. Baker will continue to serve as Executive Chairman while overseeing the company’s global luxury retail operations, reinforcing a unified leadership structure during a pivotal moment for the brand.

The move follows a mutual agreement between Saks Global and Marc Metrick, who is stepping down from his position as CEO to pursue new opportunities. The transition marks the close of a nearly three-decade chapter for Metrick, whose tenure helped shape Saks into a mod...