Issue 33 - December 2019
Agreement to Acquire 34 Brookstone Stores
Hudson Group has signed an agreement to acquire assets related to the operation of Brookstone stores in US airports. Hudson has also obtained the right to be the exclusive airport retailer to operate Brookstone stores through a license agreement.
Brookstone is an established American brand, well known for its unique selection of innovative products in the travel and wellness sectors and in the home and entertainment categories.
As part of the agreement, Hudson will also have the exclusive right to sell select Brookstone merchandise in its travel convenience stores.
The agreement covers 34 airport stores, of which 30 are currently open and operating. Of these 34 stores, 33 stores are in airports where Hudson has existing operations.