“Building a drum beat. It’s the perfect moment now.”

That’s Geoffroy van Raemdonck, the former chief executive officer of the Neiman Marcus Group, suggesting ways businesses catering to wealthy consumers can adapt and gather some momentum amid the current luxury market slump.

Participating at a “luxury executive roundtable” hosted by the Boston Consulting Group at its offices in Manhattan’s Hudson Yards earlier this month, van Raemdonck emphasized developing new initiatives and “holding people to a standard of agility that in luxury we’ve not had.”

Van Raemdonck, who served as NMG’s CEO for nearly seven years until Saks Global bought the business last December, is now a senior adviser at BCG, and was among several other BCG officials providing statistics on the luxury market, and th

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