Travel retailer Hudson Group has signed an agreement to acquire the assets of Brookstone stores in U.S. airports from Apex Digital, Inc. Hudson has also obtained the right to be the exclusive airport retailer to operate Brookstone stores through a license agreement with Bluestar Alliance, LLC, owner of the Brookstone brand and trademarks.
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.
Brookstone is an established American brand well known for its unique selection of innovative products in the travel, wellness, 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.
A Dufry Company, Hudson Group is one of the largest travel retailers in North America, operating Hudson, Hudson News and Hudson Bookseller brands and over 1,000 duty-paid and duty free stores in 89 locations, including airports, commuter terminals, hotels and some of the most visited landmarks and tourist destinations in the world. Its wide range of store concepts include travel essentials and convenience stores, bookstores, duty free shops, branded specialty stores, electronics stores, and quick-service food and beverage outlets.