NEW YORK — Better business controls and improved sales, particularly in its new fragrances, helped Elizabeth Arden Inc. increase its third-quarter profits.
Net income for the three months ended Oct. 26 rallied 12.8 percent to $37.7 million, or $1.64 a diluted share, when compared with income of $33.4 million, or $1.48, in the year-ago quarter. Sales grew 10 percent to $314.8 million over sales of $286.2 million.
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?"