Saks Global Emerges From Bankruptcy as Examplar Luxury Group

Saks’s plan to get back to the top is to get back to its roots.

The parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, has emerged from bankruptcy protection with a renewed focus on luxury shopping and services, and changed its name from Saks Global to Exemplar Luxury Group. The company’s leadership hopes that shrinking the luxury department store’s footprint, cutting costs on the corporate level, and focusing on customized experiences wealthy shoppers…