Friday, June 1, 2012
Elizabeth Arden buys fragrance licenses
Elizabeth Arden Inc said on Thursday it has bought the licenses for the Ed Hardy, True Religion and BCBGMAXAZRIA fragrance brands from New Wave Fragrances. Photo: Elizabeth ArdenThe company, which did not disclose the terms of the deal, said the license would lift earnings in fiscal 2013, but added it would have "minimal impact" on results for the year ending June 30, 2012. The company reaffirmed its forecast of net sales growth of 5 percent to 5.5 percent for the current fiscal year and net
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