Why the Shuttering of Fifth Avenue Mainstay Henri Bendel Is a Warning Sign to Luxury Brands

L Brands plans to focus more on its other stores, like Victoria's Secret

Henri Bendel first opened in New York's Greenwich Village in 1895. Getty Images

This holiday season will be the last for a New York retail institution.

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@dianapearl_ diana.pearl@adweek.com Diana is the brand marketing editor at Adweek and managing editor of Brandweek.