Saks Global Successfully Emerges as Exemplar Luxury Group Offering Unrivaled Customer Experiences Across Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman

Company positioned for growth with renewed focus on luxury retail, solid operational and financial foundation and strong brand partner relationships following completion of restructuring process

NEW YORK, June 26, 2026 /PRNewswire/ -- Exemplar Luxury Group ("ELG" or the "Company"), formerly Saks Global, the luxury collective that comprises leading multi-brand luxury retailers Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman, announced the successful completion of its restructuring process and emergence from chapter 11 under new ownership. With a substantially strengthened balance sheet, including a nearly 75% debt reduction, sufficient liquidity and the full backing of its capital partners and other key stakeholders, ELG is focused on driving long-term, profitable growth and leading multi-brand luxury retail in the U.S.

Exemplar Luxury Group