via Business of Fashion · June 27, 2026
Saks Global Exits Bankruptcy and Rebrands to Exemplar Luxury Group
The new corporate identity is meant to signal a new chapter for the retailer and hold the retailer accountable to a higher standard of partnership to brands, consumers and its employees, said CEO Geoffroy van Raemdonck.
The Story
Saks Global has officially emerged from Chapter 11 bankruptcy, completing a financial restructuring that slashed roughly 75 percent of its debt, the company announced Friday. It’s also rebranding its identity to be Exemplar Luxury Group as it looks to shift its focus from financial restructuring to growth.
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Original report
Business of Fashion
