Brandy Richardson Joins Saks Global as New Chief Financial Officer

Brandy Richardson: A New Era for Saks Global Finance

Saks Global, the preeminent player in the luxury retail market, has recently made headlines with a significant leadership change. Effective August 18, 2025, Brandy Richardson steps into the role of Chief Financial Officer, succeeding Mark Weinsten, who held the position on an interim basis. This transition comes on the heels of Saks' acquisition of Neiman Marcus Group (NMG) in late 2024, prompting an exciting reshaping of its financial landscape.

Brandy Richardson is no stranger to the luxury retail sector, having amassed nearly 25 years of experience in finance and retail leadership. Before her appointment at Saks Global, she spent time at Tailored Brands, Inc. as the Executive Vice President and CFO. Prior to that, Richardson was a pivotal figure at NMG, spending 15 years in various influential finance roles. Her wealth of knowledge within the luxury retail space brings invaluable insights that will help propel Saks Global's ambitious transformation strategy, aiming for a stronger foothold in the luxury market.

CEO Marc Metrick expressed his confidence in Richardson’s capabilities, stating, “With her deep background in both luxury retail and finance, Brandy is the right leader to drive Saks Global's financial performance.” He further added that her leadership comes at a crucial moment, as the company is poised for significant growth and innovation in redefining the luxury shopping experience.

In her remarks, Richardson expressed enthusiasm about rejoining the luxury retail industry, emphasizing her eagerness to contribute to Saks' ongoing transformation. “Saks Global is poised to shape the future of luxury retail, and I’m thrilled to join this forward-thinking team,” she stated. Her goal is clear: to identify new opportunities that will usher in sustainable, long-term growth for the company.

Transition and Future Strategies
Richardson's onboarding marks the continuation of a strategy fueled by strong financial discipline and a commitment to delivering an unparalleled shopping experience. She acknowledges the foundational years spent at NMG, which shaped her career and prepared her for this new challenge. Her extensive experience in implementing financial organizations and overseeing strategic initiatives positions her as a key player in navigating Saks Global towards success.

During this transition, Mark Weinsten will continue to work closely with Richardson to ensure a seamless handoff of responsibilities and to safeguard the integrity of the financial strategy developed during his time as interim CFO. Weinsten provided critical leadership through the early stages of Saks’ acquisition of NMG, and his efforts are recognized as vital during a transformative phase for the company.

Saks Global Overview
Saks Global stands as a powerhouse in the luxury retail landscape, encompassing a diverse portfolio of brands including Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH. With a strong commitment to luxury consumers, the company aims to help shoppers discover established and emerging brands alike. By leveraging data-driven technology, Saks Global seeks to redefine the luxury retail experience with an emphasis on personalized service and enhanced product discovery across various channels.

Through Richardson's leadership, Saks Global is set to not only enhance its financial performance but also to solidify its reputation as a leader in the luxury market. This pivotal moment marks the onset of a thrilling era for the company, integrating deep industry knowledge with innovative strategies to embrace the future of luxury retail.