Saks in Bankruptcy & Gucci’s Demna Glow-Up

Geoffroy van Raemdonck
Former Neiman Marcus Group C.E.O. Geoffroy van Raemdonck is being tapped to lead the company through bankruptcy proceedings, and negotiating a signing bonus of as much as $7 million, according to the New York Post, which famously made the executive a target during his NMG tenure. Photo: Matteo Prandoni/BFA.com
Lauren Sherman
&
Sarah Shapiro
January 14, 2026

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