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Elizabeth Arden Invests in Red Door Spa Holdings

$12 million for minority share of owner/operator of 31 Red Door Spas.

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By: TOM BRANNA

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Elizabeth Arden, Inc. has made a $12 million minority investment in Red Door Spa Holdings, the operator of the Elizabeth Arden Red Door Spas and the Mario Tricoci Hair Salons privately owned by North Castle Partners. Elizabeth Arden partnered with J.H. Anderson Holdings, Inc. and its principal John Anderson to secure the share in the company. Elizabeth Arden, Inc. licenses the trademarks for the Elizabeth Arden and Red Door brand names to Red Door Spa Holdings, which owns and operates...

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