Core Viewpoint - Saks Fifth Avenue's parent company, Saks Global, is facing potential bankruptcy as it struggles with significant debt and management changes, including the departure of CEO Marc Metrick [1][2]. Group 1: Management Changes - CEO Marc Metrick has left the company effective immediately, with Richard Baker, the chairman of the board, taking over his responsibilities [2]. - Metrick's departure is seen as a response to the company's ongoing debt crisis [2]. Group 2: Financial Challenges - Saks Global failed to pay over $100 million in debt interest this week, raising concerns about its financial stability [2]. - The company is currently negotiating with creditors regarding financing and is expected to file for bankruptcy protection as early as next week [2]. - In the fiscal quarter ending August 2, 2025, the company's sales fell over 13% year-on-year to $1.6 billion, which was below market expectations, and net losses widened to $288 million [4]. Group 3: Company History and Structure - Saks Global's history dates back to the early 20th century, with its flagship store, Saks Fifth Avenue, being globally recognized [4]. - The company underwent significant structural changes, including a $2.9 billion acquisition by Hudson's Bay Company in 2013 and a subsequent $2.65 billion acquisition of Neiman Marcus in 2024, which Metrick led [4]. - The company has been burdened with debt from these acquisitions while also facing declining sales in the luxury goods market [4].
涉破产传闻 美国百货零售企业萨克斯环球宣布CEO离职
Sou Hu Cai Jing·2026-01-04 15:25