Henri Bendel on Fashionable Fifth Avenue. Photo by Getty Images

Henri Bendel, our favorite brown-and-white striped, high-end department store, is about to drop trou! The famous Fifth Avenue destination (which appeared in "Confessions of a Shopaholic" under a pseudonym and has a recurring role on "Gossip Girl") will cease selling clothing to focus on accessories and beauty products, exclusively.

It's not a total shocker since they are best known for their carefully selected, on-trend trimmings. I mean, it's common knowledge among the fashion set that if you need a hair accessory, you got to Henri Bendel. Period.

But don't fear that the 1895-founded shop is just another victim of the recession; they're actually rolling out six accessories-only stores this summer, featuring Bendel brand gifts (like an $18 box of tea) and HB beauty products.

So the good news, they could be coming to a mall near you!