Saks Global is reportedly preparing for bankruptcy with $100 million in debt, a sharp contrast to Richard Baker's claim of saving luxury retail.

#SaksGlobal, #RichardBaker, #LuxuryRetail, #Bankruptcy, #SaksFifthAvenue

https://newsletter.tf/richard-baker-saks-global-bankruptcy-claim/

Richard Baker Says He Saved Luxury Stores as Saks Global Faces Bankruptcy

Richard Baker claims he saved luxury stores, but Saks Global, including Saks Fifth Avenue, is reportedly preparing for bankruptcy protection due to $100 million in debt.