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Henri Bendel Stores Going Dark After Holidays
A New York luxury retail presence since its founding in 1895, Henri Bendel will soon close its doors. Parent company L Brands said it would phase out all 23 Henri Bendel stores, including the Fifth Avenue flagship and the e-commerce website, this coming January.
“We are committed to improving performance in the business and increasing shareholder value,” said L Brands CEO Leslie Wexner. “As part of that effort, we have decided to stop operating Bendel to improve company profitability and focus on our larger brands that have greater growth potential. This decision is right for the future growth of our company, but not easy because of the impact to our L Brands family.”
Earlier in its history, Henri Bendel was a trend-setter in New York retail. It brought in the wares of now-iconic designers such as Perry Ellis and Ralph Lauren, and once employed Andy Warhol as a graphic artist.
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