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Q1 Sales Rise 6.6% at Elizabeth Arden

Celebrity fragrance and international business boost quarter.

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By: TOM BRANNA

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Elizabeth Arden, Inc. posted an upswing in its financial results for the first fiscal quarter ended Sept. 30, 2011, as net sales rose 6.6% to $303.5 million. According to the company, net sales of its international business increased by 16.6%, driven by growth in the travel retail and distributor markets and in Asia. Net sales in North America grew by 1.6% and were balanced across the prestige and mass businesses. CEO Scott Beattie commented, “We had another quarter of strong growth...

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