Question: As per the article, Bendel, which only started opening stores outside of New York City in 2 0 0 8 , announced plans to stop

As per the article, "Bendel, which only started opening stores outside of New York City in 2008, announced plans to stop selling clothes in 2009 to focus on accessories and gifts -a move that flummoxed many fashion designers." Why do you think this decision was made and do you think it was wise? Please explain your thoughts.
"In 2014, Bendel's, which had been known for featuring up-and-coming labels like Anna Sui, decided to stop selling outside brands " to focus on its own private-label accessories and hand-bags. Why do you think Bendel's sister retailers (Victoria's Secret, Bath and Body Works) manage successful private label strategies yet Henri Bendel (run by the same parent company, L Brands) was not able to do so?
 As per the article, "Bendel, which only started opening stores outside

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!