NEW YORK:

Arab Times - - NEWS/FEATURES -

Up­scale US fash­ion la­bel Henri Ben­del – known in re­cent years for its lux­ury hand­bags and shoes – will shut down in Jan­uary af­ter 123 years in busi­ness, par­ent com­pany L Brands has an­nounced.

The Ben­del web­site and all of the la­bel’s 23 stores in the United States, in­clud­ing the flag­ship lo­ca­tion on New York’s Fifth Av­enue, will re­main open through the hol­i­day shop­ping season, L Brands said in a state­ment.

But from the start of 2019, the par­ent com­pany said it will put its fo­cus on the

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