Elizabeth Arden Inc.’s international sales growth was a boon to business in the first quarter, helping to boost net sales by 7.4 percent to $284.8 million, up from $265.2 million in the year-ago period. Excluding the impact of unfavorable currency translation, sales would have advanced 8.1 percent.
In the three months ended Sept. 30, Arden generated net income of $4.9 million, or 17 cents a diluted share, compared with $40,000, or zero cents, in the year-earlier period.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"