Saks Global’s Post

“A Saks Global that speaks to the luxury customer - that is stable and growing and profitable - is a cornerstone of the industry,” said Saks Global CEO Geoffroy van Raemdonck in a recent interview with Romaine Bostick, CFA. In his return to Bloomberg’s ‘The Close,’ Geoffroy highlighted the significant progress we have made in building a stronger Saks Global, and how the sustainable growth outlined in our Plan of Reorganization will benefit the greater luxury retail ecosystem. In the interview, Geoffroy also discussed the state of the U.S. luxury consumer, and underscored Saks Global’s role as the gateway to this customer. As we look toward anticipated emergence this summer, we remain committed to driving profitable growth, being a strong partner to established and emerging designers, and serving our customers with the true luxury experience they expect across our luxury banners. Watch the full interview here: https://lnkd.in/eim63PEH