By  on August 15, 2008

Wall Street apparently likes the look and scent of the Liz Claiborne-enhanced Elizabeth Arden Inc.

Shares of Arden beefed up $1.75, or 10.3 percent, to close at $18.80 in Nasdaq trading Thursday after the company matched estimates with a charge-heavy net loss in the fourth quarter but provided upbeat guidance for the year ahead, a good deal of it based on the ability of the Liz Claiborne roster to reenergize a North American business that sputtered in the just-concluded year.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus