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




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