Davis Polk Advises Hudson Group on Its Acquisition of Brookstone Airport Stores from Apex Digital
Davis Polk is advising Hudson Group in connection with its acquisition of assets related to the operation 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.
Hudson Group, a Dufry Company is one of the largest travel retailers in North America, is anchored by its iconic Hudson, Hudson News and Hudson Bookseller brands and operates over 1,000 duty-paid and duty-free stores in 89 locations. Brookstone is an established American brand well known for its unique selection of innovative products in the travel, wellness, home and entertainment categories.
The Davis Polk corporate team includes partner Daniel Brass and associates Laura C. Turano and Gina Y. Chen. Counsel Susan D. Kennedy and associate Rachel Schlosser are providing real estate advice. Partner Michael Mollerus is providing tax advice. Partner Pritesh P. Shah and counsel Bonnie Chen are providing intellectual property and technology advice. Partner Jeffrey P. Crandall and counsel Stephen I. Brecher are providing executive compensation advice. All members of the Davis Polk team are based in the New York office.