Exemplar Luxury Group, formerly Saks Global, has emerged from Chapter 11 with nearly a 75 per cent reduction in debt, stronger liquidity and new ownership.
The company will focus on profitable growth by combining Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman under an integrated luxury retail model, backed by an experienced leadership team and a reconstituted board.Exemplar Luxury Group, formerly Saks Global, has emerged from Chapter 11 with nearly a 75 per cent reduction in debt, stronger liquidity and new ownership.
The company will focus on profitable growth by combining Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman under an integrated luxury retail model, backed by an experienced leadership team and a reconstituted board.
