Form & Taste

Bankruptcy

2 articles

A golden phoenix rising from ashes, symbolizing the rebirth of Saks Global as Exemplar Luxury Group after bankruptcy.
Brands

Saks Global rebrands to Exemplar Luxury Group post-bankruptcy

Fresh out of Chapter 11 bankruptcy, Saks Global, now Exemplar Luxury Group, plans to purchase over $3 billion of luxury goods annually at cost for its flagship brands, according to WWD .

Oliver Dane·June 27, 2026
The former Saks building, now Exemplar Luxury Group, stands revitalized, symbolizing a successful emergence from bankruptcy with new financing.
Brands

Exemplar Luxury Group Emerges After Saks Bankruptcy

After years of financial turmoil, Saks Global, once drowning in debt, slashed 75% of its liabilities and secured $500 million in new financing.

Luca Bianchi·June 27, 2026