Elizabeth Arden Inc. purchased the global licensing rights to Liz Claiborne Inc.,’s fragrance brand portfolio in late May, giving Arden control of the Juicy Couture, Usher, Lucky Brand and Claiborne scent franchises and expanding its reach in the beauty world.
E. Scott Beattie, chairman, president and chief executive officer of Elizabeth Arden, told WWD in May, “This allows Arden to acquire these brands and leverage them with our existing infrastructure, and at the same time we’ll provide an ongoing royalty earnings stream to Claiborne.”
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