Luxury Retailer Henri Bendel Closing All Stores
Columbus-based apparel company L Brands announced yesterday that it would be shuttering its Henri Bendel line of stores, and ending online sales as well. Customers are able to say their goodbyes through the holiday shopping season though, as the closure won’t take place until January.
“We are committed to improving performance in the business and increasing shareholder value,” stated Les Wexner, chairman and CEO of L Brands, in a news release issued yesterday. “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.”
The first Henri Bendel store opened in 1895 in New York City, and was acquired by L Brands — which was known as Limited Brands at the time — in 1985. The brand closure is the second for L Brands in recent years, following the shuttering of The Limited in 2017.
Henri Bendel currently has 23 stores across the U.S., with only one in Ohio at Easton Town Center.
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