Saks Global emerges from bankruptcy as Exemplar Luxury Group with fewer stores and reduced debt
By
Nick Viviani
Summary
Saks Global, the parent company of Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman, has emerged from bankruptcy with reduced debt, fewer stores, and a new name — Exemplar Luxury Group. The rebranding reflects a more focused strategy targeting upscale shoppers, with CEO Geoffroy van Raemdonck emphasizing a renewed commitment to providing an exemplary shopping experience for the three iconic retail banners.
Source
bskySaks Global emerges from bankruptcy as Exemplar Luxury Group with fewer stores and reduced debtfox4news.comKey quotes
· 1 pulledToday is really a brand new day for the organization and a new day where these three iconic banners have the r
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