Elizabeth Arden Looks To Fiscal 2016 For Restructuring, Innovation Payoffs
This article was originally published in The Rose Sheet
Executive Summary
Maintaining that fiscal 2015 is a “rebuilding year,” the firm reports a net loss of $25.4 million for the first quarter, but looks forward to an overhauled marketing strategy, improved innovation and savings from cost-cutting initiatives that are expected to drive growth in fiscal 2016.