Industry news

Elizabeth Arden buys a Guinness. (and the rest of the Riviera Concepts portfolio)

by Grant Osborne, 05 July 2006

Elizabeth Arden announced today the acquisition of the fragrance brands of Canadian-based Riviera Concepts.

The brands are: Hummer, Alfred Sung, Lulu Guinness, Bob Mackie, Nanette Lepore and Cynthia Rowley.

Adrian Ellis, President of Riviera, stated, "It has been a pleasure to work with Elizabeth Arden on this transaction. They offer a tremendous opportunity for these brands to grow. Each brand will benefit from their global infrastructure, sales, marketing, and distribution capabilities."

Financial terms of the agreement were not disclosed.end of article

Categories: Acquisitions, Alfred Sung, Bob Mackie, Cynthia Rowley, Elizabeth Arden Inc, Hummer, Lulu Guinness, Nanette Lepore, Riviera Concepts


 
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