Financial News

Elizabeth Arden Posts Fiscal 2013 Gains

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By: TOM BRANNA

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Elizabeth Arden reported an 8.7% rise in net sales to $1.3 billion for the year ended June 30, 2013. North American sales increased 10.2% while international sales increased 8.4%. Net sales of fragrances in the international segment increased 14% for fiscal 2013 behind the company’s Western European fragrance initiative and expansion into new markets. Retail sales at the Elizabeth Arden flagship counters have increased 20% in North America year over year since conversion. However, for the fourt...

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