• Daphne Howland
• 29 Jun, 2026

The luxury retailer is starting over with a new name and fewer burdens, including less debt and a smaller footprint. In late 2024 Saks Global started out with grand ambitions, forging a $2.7 billion deal that brought together luxury department stores Saks Fifth Avenue, Neiman Marcus Group and Bergdorf Goodman under one umbrella. On Friday, the company wrapped up the bankruptcy that became necessary barely a year later, emerging as “Exemplar Luxury Group.”
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