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Saks emerges from bankruptcy with a new name and a leaner store footprint

Saks Global exits bankruptcy as Exemplar Luxury Group after eliminating 75% of its debt and closing...

BUSINESS NEWS June 29, 2026

Saks emerges from bankruptcy with a new name and a leaner store footprint

Saks Global exits bankruptcy as Exemplar Luxury Group after eliminating 75% of its debt and closing 62 off-price locations including Saks OFF 5th stores.

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Saks Global exits bankruptcy as Exemplar Luxury Group after eliminating 75% of its debt and closing 62 off-price locations including Saks OFF 5th stores.

Author: Fox Business

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