New Exemplar Luxury Group Plans Life After Saks Bankruptcy
Summary
Exemplar CEO Geoffroy van Raemdonck lays out how the newly formed luxury group intends to operate after the Saks bankruptcy, positioning the business for stability and growth. He argues Exemplar will be structurally and strategically different from past department store led approaches to luxury, with a clearer operating model and priorities.
Why it matters
Exemplar’s post bankruptcy strategy will shape how luxury inventory, credit, and distribution work in the US if the traditional department store model keeps contracting.