Elizabeth Arden Inc. has acquired the global licensing rights for Liz Claiborne Inc.'s fragrance brand portfolio, which includes scents under the Juicy Couture, Usher, Lucky Brand and Claiborne banners.
The deal confirms a report in WWD last month that Liz Claiborne was seeking a buyer for its fragrance business, which industry sources estimate is roughly $270 million in size.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)