Elizabeth Arden Inc.’s second-quarter profits shot up 61.3 percent and the company raised its guidance for the year, but efforts by the Chinese government to improve safety controls have stymied growth in the country.
“The one weakness in terms of our international revenue growth was, for this quarter, our China business,” said E. Scott Beattie, chairman, president and chief executive officer, on a conference call with analysts. “We continue to experience new product registration challenges consistent with the rest of the industry and, as a result, we’re slowing our new store growth and focusing on growing sales and productivity of existing stores.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"