Saks Global Emerges From Bankruptcy, Rebrands as Exemplar Luxury Group
By
Madeleine Schulz
Summary
Saks Global has exited bankruptcy and rebranded as Exemplar Luxury Group (ELG), the parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman. The new name reflects the company's strategic focus on high-touch service and setting standards of excellence for luxury retail. CEO Geoffroy van Raemdonck emphasized the shared ideals across all three banners as the company moves forward.
Source
Key quotes
· 2 pulledMoving forward as Exemplar Luxury Group reflects the shared ideals that anchor each of our banners and our commitment to setting the standard of excellence for luxury retail across all three.
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