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Brandy Richardson is Chief Financial Officer of Saks Global, the largest multi-brand…
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Brandy Richardson shared thisI’m thrilled to announce…it is a new day for us as Exemplar Luxury Group. We have emerged with a substantially strengthened balance sheet, including a nearly 75% debt reduction, the liquidity necessary to support operations and invest in our future, and the full backing of our capital partners and other key stakeholders. As we move forward, we are focused on driving profitable growth for ELG and the broader luxury ecosystem. We greatly appreciate the support of our customers, partners and colleagues, as well as our new owners, who understand the value of our luxury banners and the opportunities ahead for us as Exemplar Luxury Group.Brandy Richardson shared thisWe are pleased to celebrate Saks Global’s emergence as Exemplar Luxury Group (ELG), the luxury collective uniting coveted brands with unrivaled customer experiences across Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. ELG ushers in a new day for the company and represents the shared ideals that define each of our luxury banners. ELG’s position in the luxury retail ecosystem is anchored on offering customers inspiring fashion through exceptional shopping experiences and serving as the premier gateway to the U.S. luxury consumer for our brand partners. With a solid operational and financial foundation, focused business model, strong brand partner relationships and best-in-class team, we are well positioned to drive long-term, profitable growth as Exemplar Luxury Group. https://lnkd.in/gyaAQ8vD
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Brandy Richardson shared thisSince we entered the restructuring process in January, we have taken decisive actions to establish a strong financial foundation at Saks Global. With significantly reduced debt on the Company’s balance sheet at emergence and having already achieved substantial cost savings through the optimization of our footprint, operations and organization, our business is well positioned for future success. We are grateful for the support of all of our stakeholders, including our capital partners and brand partners, and look forward to driving profitable growth as a stronger Saks Global, leveraging our distinct and differentiated assets.Brandy Richardson shared thisWe are pleased to share that Saks Global received approval of our Plan of Reorganization, paving the way for the company’s emergence from the restructuring process in the coming weeks. We are grateful to have support across our capital structure from participating creditors, the overwhelming majority of which voted in favor of our Plan. This reflects confidence in our path forward. Since January, we have taken decisive actions to achieve substantial cost savings and position the company for future growth. We have strengthened our brand partner relationships, sharpened our focus on luxury and full-price selling and optimized our footprint and operations. We are pleased that our actions are translating into sustained momentum across numerous areas of the business. This progress has set us up for a successful emergence and beyond, with a solid foundation to realize the full potential of our banners and continue to deliver true luxury shopping experiences. As we define the future of luxury retail, we are committed to strengthening Saks Global’s position as the leading luxury destination for our customers across the U.S., and as the premier gateway to this customer for our brand partners. https://lnkd.in/ewv4AgsF
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Brandy Richardson shared thisIt was a pleasure spending time with our Dallas-based colleagues during last week’s Coffee Connect, where I had the opportunity to pause and reflect on the tremendous progress we’ve made in our integration and all that we’ve accomplished over the last nine months! These moments are always energizing for me, as they are a chance to hear directly from our teams, share ideas and stay closely connected to the people who power our progress. Additionally, it was so great to see a few familiar faces! Look forward to hosting more!Brandy Richardson shared thisSaks Global Chief Financial Officer Brandy Richardson recently sat down with some of our Dallas-based colleagues for a Connect Connect—an intimate forum designed to foster open dialogue and deepen connection. Brandy shared insights into our ongoing integration, celebrated the momentum we’ve built over the past nine months and highlighted what excites her most about the future. Coffee Connects create a valuable opportunity for our colleagues to engage directly with Saks Global leadership, ask meaningful questions and align priorities in support of our strategic vision, 'The Art of You.'
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Brandy Richardson shared thisWhat an energizing first week at Saks Global! I had an opportunity to connect with colleagues from across Saks Fifth Avenue and Neiman Marcus at this year’s Stores Summit in Dallas where we engaged in meaningful conversations and impactful strategy sessions--a powerful reminder of what we can achieve together. I look forward to continuing the work of bringing our shared vision to life and am proud to be part of an organization that is redefining the luxury shopping experience.Brandy Richardson shared thisThis week, store leaders across Saks Fifth Avenue and Neiman Marcus came together in Dallas for our 2025 Stores Summit. Over the course of the summit, Saks Fifth Avenue and Neiman Marcus store leaders engaged in insightful programming designed to foster connection and promote alignment on strategic priorities. Moments of connection like these harness the collective power of our store fleet and the talented store teams to propel our shared vision forward. #UsAsOneSaksGlobal
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Brandy Richardson shared thisToday marks my first day as Chief Financial Officer of Saks Global! Saks Global is poised to shape the future of luxury retail, and I'm energized by the opportunity to join this forward-thinking team during a pivotal time for the company. I look forward to contributing to Saks Global's future success by identifying opportunities for sustainable, long-term growth.
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Brandy Richardson shared thisI am excited to run the Las Vegas Rock ‘n’ Roll Half Marathon with Laura Reale Neal and my friend and colleague Karla Gray! We are running to raise awareness and funds for the Willie Lopez Fund (WLF), which helps fellow Tailored Brands, Inc. employees in need. Looking forward to running together and crossing the finish line in support of the WLF.Brandy Richardson shared thisHere's a good example of what being a "CFO Champion" means to me. This Sunday, I'll join inspirational CFO Brandy Richardson, CPA of Tailored Brands in running the Las Vegas 1/2 Marathon to raise money for The Willie Lopez Fund (donation link below) which provides hope during times of despair for the employees of Tailored Brands and its affiliated companies. In my role as a Leadership Advisor with The Siegfried Group, I get to do everything in my power to support the success of the CFOs I have the privilege to work with, in all ways, including running a race to cheer someone on and help them get to the finish line! I am super proud of Brandy for taking on this challenge for herself, in addition to raising important funds along the way. If you want to support her efforts, please check out the link below and wish us luck. Vegas Baby! https://lnkd.in/gWJfQwtz
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Brandy Richardson shared thisBrandy Richardson shared thisTailored Brands, Inc. <> Joseph Abboud <> WHP Global THANK YOU <> Peter Sachse <> Bob Hull <> John Tighe <> Tailored Brands, Inc. Leadership Team
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Brandy Richardson shared thisBrandy Richardson shared thisThis Veterans Day, Tailored Brands is proud to announce an extension of our ongoing support for Veterans. In our Men’s Wearhouse, Jos. A. Bank, and K&G stores, customers can now donate $1, $3 or $5 at checkout to support Veterans organizations, and we will match those donations up to $1M! In addition, this year we had the chance to help three Veterans transition into the workforce by outfitting them in our stores, in partnership with Hire Heroes USA. Learn more about how we’re serving those who have served at: https://lnkd.in/gCyWtD5u
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Brandy Richardson shared thisExtremely proud of this recognition. Thank you to all the Veterans that have selflessly served our country! #semperfiBrandy Richardson shared thisAt Tailored Brands, we are commemorating Veterans Day by renewing and expanding our commitment to support Veterans nonprofit organizations. With that in mind, we are so proud that Tailored Brands has also been recognized by Forbes as one of The Best Employers for Veterans. We’ll continue to serve those who have served and always welcome Veterans to join our Tailored Brands team!
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5d
You are a rockstar!! Well deserved and congratulations.
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Brandy Richardson liked thisBrandy Richardson liked thisI am absolutely thrilled and honored to be a part of the journey as Saks Global emerges from the chapter 11 process as Exemplar Luxury Group, uniting coveted brands with unrivaled customer experiences across @Neiman Marcus, @Saks Fifth Avenue and @Bergdorf Goodman.
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Brandy Richardson liked thisBrandy Richardson liked thisEveryone is telling CFOs to become more strategic. Boards want it. Consultants sell it. I want to push back. You cannot be strategic on top of a broken operational foundation. 77% of CFOs say they're involved in enterprise-wide strategy. 68% spend less than 40% of their time on it. That gap is not a mindset issue. It's what happens when your close cycle takes 12 days. When your AP team is chasing invoices manually. When your FP&A analyst spent 4 days pulling data before spending 1 day analyzing it. Strategy requires headspace. Headspace requires operational freedom. Operational freedom requires a finance function that doesn't need the CFO to hold it together. The conversation shouldn't be "how do I think more strategically." It should be "what do I need to fix so that strategic thinking becomes possible." Becoming strategic is not a decision. It's a consequence of building the right infrastructure underneath you.
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Brandy Richardson liked thisBrandy Richardson liked thisRemsen Jennings, CPA, a graduate of the Jindal School’s Professional Program in Accounting (PPA), has been named a partner at EY Dallas, becoming the first UT Dallas PPA alumnus to reach this milestone. 👏 Learn more: https://lnkd.in/eedpyZqg
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Brandy Richardson liked thisBrandy Richardson liked thisI’m excited to share that we’re growing the Labor & Employment Legal team at Saks Global, now Exemplar Luxury Group. Over the past year, we’ve successfully emerged from bankruptcy, unified some of the world’s most iconic luxury retail brands, and begun our next chapter as Exemplar Luxury Group. This is an exciting opportunity to join our team and help shape what comes next!
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Brandy Richardson liked thisIncredibly proud to be part of the Willkie Farr & Gallagher LLP team delivering this result. Amazing result for a storied company.Brandy Richardson liked thisWillkie secured confirmation of the chapter 11 plan of Saks Global Enterprises LLC, enabling the multi-brand luxury retailer to exit chapter 11 in the coming weeks with a strengthened financial foundation. The engagement was led by an all-women core team, marking a rare milestone in the history of chapter 11. Led by partners Debra Sinclair, Robin Spigel, Allyson Smith and Charlotta Chung, and associate Betsy Feldman, the Willkie team guided Saks through one of the most complex retail restructurings in recent history, enabling the company to exit bankruptcy having reduced its debt by nearly 75% and gained the liquidity necessary to support its operations and invest in its future. Learn more: https://lnkd.in/eV3XWXCH
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Brandy Richardson liked thisThank you to The American Lawyer for the profile of our team. I am so proud to have led this matter and to have worked with such talented colleagues. This was truly a team effort and I am honored to have been a part of it.Brandy Richardson liked thisThough not a conscious effort, the all-women core team was the result of an environment that allows women at all levels to succeed, U.S. restructuring co-chair Debra Sinclair said.Willkie’s Saks Chapter 11 Team Featured Rare All-Women Restructuring Core | Law.comWillkie’s Saks Chapter 11 Team Featured Rare All-Women Restructuring Core | Law.com
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Brandy Richardson liked thisTo every colleague, partner, friend and family member who gave their unwavering support along the way, thank you. I am proud to be part of Exemplar Luxury Group and I'm excited for what lies ahead.Brandy Richardson liked thisWe are pleased to celebrate Saks Global’s emergence as Exemplar Luxury Group (ELG), the luxury collective uniting coveted brands with unrivaled customer experiences across Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. ELG ushers in a new day for the company and represents the shared ideals that define each of our luxury banners. ELG’s position in the luxury retail ecosystem is anchored on offering customers inspiring fashion through exceptional shopping experiences and serving as the premier gateway to the U.S. luxury consumer for our brand partners. With a solid operational and financial foundation, focused business model, strong brand partner relationships and best-in-class team, we are well positioned to drive long-term, profitable growth as Exemplar Luxury Group. https://lnkd.in/gyaAQ8vD
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Brandy Richardson liked thisBrandy Richardson liked this100 Claude shortcuts I use every week as a finance pro Most CFOs are still typing full paragraphs into Claude Bookmark these instead → https://lnkd.in/ehkTrJ9N 100 ready-to-use shortcuts organized by what you actually do every day in finance. 📌 Explain & Analyze (1-25) - ELI5 [financial concept] — plain-language explanation, no jargon - TLDR [paste document] — long reports compressed into the shortest accurate version - VARIANCE ANALYSIS [paste data] — structured budget vs actual with likely drivers - ROOT CAUSE [describe issue] — breaks down why a financial metric moved the way it did - BOARD SUMMARY [paste data] — CFO-ready executive summary from raw numbers - And 20 more 📌 Report & FP&A (26-50) - TALKING POINTS [paste data] — bullet points for presenting results to the board - MONTHLY COMMENTARY [paste actuals] — narrative wrap-up of monthly performance - ROLLING FORECAST [paste actuals] — updated forecast narrative based on latest actuals - SCENARIO PLAN [base + variables] — three-scenario framework (base, upside, downside) - BRIDGE ANALYSIS [prior period vs current] — explains the movement from one period to another - FIX THIS FORMULA [paste formula] — diagnosis and correction of broken Excel logic - And 19 more 📌 Emails & Audit (51-75) - ESCALATION EMAIL [describe situation] — professional escalation without drama - DECLINE [situation] — says no to a request without burning the relationship - AUDIT RESPONSE [paste finding] — professional response to an audit observation - RISK REGISTER [business area] — draft risk register with likelihood, impact, mitigation - SOX WALKTHROUGH [describe process] — structured walkthrough for a key control area - BUSINESS CASE [describe initiative] — structured case with problem, options, recommendation - And 19 more 📌 Strategy & Learning (76-100) - COMPETITIVE ANALYSIS [company or market] — quick framework comparing your position to peers - COST BENEFIT [initiative] — side-by-side cost vs benefit analysis - ONE PAGER [describe topic] — dense, well-structured one-page brief - /variance, /board_pack, /month_end, /reforecast, /audit_response — custom skills you save once and reuse forever - And 20 more These shortcuts replace 15 minutes of typing context with 5 seconds. Across a month, that saves hours. Across a year, that saves entire workweeks. Download the full list here → https://lnkd.in/ehkTrJ9N The finance pros saving the most time aren't the ones writing better prompts. They're the ones who stopped writing prompts and started using shortcuts. ♻️ Repost to help a finance colleague stop typing the same prompts every week.
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Tom Gartland
Vera Bradley have expanded into apparel via a licensing deal with Li & Fung. Tops. Outerwear. Holiday 2026. Macy's, Nordstrom, Dillard's, club and off-price. This isn't a line extension. It's a category transformation. The talent that built Vera Bradley's bag and home business is not the same talent you need to run a multigenerational apparel line across five channels at $88 - $298 retail. Different product. Different buyer. Different operational complexity. Li & Fung's licensed apparel portfolio is growing impressively fast, Sanctuary, Loft, C&C California, Pendleton, now Vera Bradley. That's a serious book of business to run. Licensed brand operators who understand channel strategy, product development and wholesale account management are not easy to find. If you're scaling a licensed brand and building the team around it, this is exactly the space I work in. 🔗 https://lnkd.in/e7Mnzr8E
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