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First reported by bsky
Saks Global emerges from bankruptcy as Exemplar Luxury Group with reduced debt and fewer stores

Saks Global Emerges From Bankruptcy, Rebrands as Exemplar Luxury Group

By

Madeleine Schulz

1d ago· 2 min readenNews

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

Twitter / XSaks Global Emerges From Bankruptcy, Rebrands as Exemplar Luxury Groupvogue.com

Key quotes

· 2 pulled
Moving 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.
As the ga
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Saks Global, now Exemplar Luxury Group, will focus on the luxury consumer across Saks, Neiman Marcus, and Bergdorf Goodman.

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