Company News, Financial News

Arden Announces Job Cuts

To eliminate unprofitable doors and businesses, too.

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By: TOM BRANNA

Editor

After a very difficult couple of quarters, Elizabeth Arden has announced some cuts of its own that include eliminating jobs, brands and retail partners. The company board of directors approved a broad restructuring and cost savings program that is intended to reduce the size and cost of the company's overhead structure and exit low-return businesses, customers and brands to improve gross margins and profitability in the long term. The 2014 Performance Improvement Plan includes the exiting ...

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