Elizabeth Arden Inc. on Thursday reported a fiscal second-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
Elizabeth Arden Inc. on Thursday reported a fiscal second-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
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In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
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