Inside Saks Global's Four-Month Bankruptcy Sprint

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Earlier today, BoF published an exclusive in-depth interview with Saks Global CEO Geoffroy Van Raemdonck, examining the company’s strategy as it expects to emerge from Chapter 11 bankruptcy next month. For over a century, Saks Fifth Avenue represented a manifestation of American aspiration—a luxury icon whose flagship on New York’s Fifth Avenue served as a vital crossroads for the global fashion industry. But even the most storied institutions are not infallible. On January 13th, the newly formed Saks Global — parent company of Saks, Neiman Marcus, and Bergdorf Goodman — filed for court-supervised restructuring. Saks Global’s crisis was largely self-inflicted. The acquisition of Neiman…