Elizabeth Arden Inc. is seeing the payoff of a larger fragrance portfolio and the repositioning of its flagship brand, with second-quarter sales gaining 8.8 percent.
But the news wasn’t all roses: Arden’s chairman, president and chief executive officer E. Scott Beattie said consumers, particularly the mass-market shopper, is feeling the pinch of the U.S. payroll tax increase and has curtailed spending as a result.
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)