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Elizabeth Arden Inc

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BUSINESS
January 31, 1988
Daniel J. Manella has been named chairman and chief executive of Elizabeth Arden Inc., New York. Manella replaces Vaughn Bryson of Eli Lilly. Faberge Inc. recently acquired Elizabeth Arden from Eli Lilly for about $700 million. Manella also will continue as chairman and CEO of Faberge Inc.
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ENTERTAINMENT
March 16, 2004 | From Associated Press
Pop star Britney Spears has signed a deal with Elizabeth Arden Inc. to develop and market her own line of perfumes and cosmetics. Spears' first product will be a fragrance, which will be launched in the fall at department stores, the New York-based company said, adding that Spears is "personally involved" with all aspects of developing the product.
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BUSINESS
April 3, 1987
Sixteen years after acquiring Elizabeth Arden Inc., the pharmaceutical giant wants out of the cosmetics business. Eli Lilly & Co. said it has retained Morgan Stanley & Co. to evaluate offers for Elizabeth Arden, which markets skin care, makeup products and fragrances, and operates 10 Red Door Salons around the country and the Maine Chance spa in Phoenix.
BUSINESS
November 1, 2000 | Associated Press
Anglo-Dutch consumer goods company Unilever has agreed to sell its Elizabeth Arden perfumes business for $225 million as part of its effort to shed operations that do not meet its strategic needs. Unilever, whose brands include Pepsodent toothpaste, Lipton tea and Ragu spaghetti sauce, said it has reached the deal with FFI Fragrances, a perfume-maker based in Miami Lakes, Fla.
ENTERTAINMENT
March 16, 2004 | From Associated Press
Pop star Britney Spears has signed a deal with Elizabeth Arden Inc. to develop and market her own line of perfumes and cosmetics. Spears' first product will be a fragrance, which will be launched in the fall at department stores, the New York-based company said, adding that Spears is "personally involved" with all aspects of developing the product.
BUSINESS
February 11, 1989 | JESUS SANCHEZ, Times Staff Writer
Faberge Inc. said Friday that it has agreed to sell its beauty products and toiletries businesses--which include the Elizabeth Arden, Brut and Aqua Net lines--to international consumer products giant Unilever Group for $1.55 billion in cash. The deal is another in a long line of acquisitions in the cosmetics industry and one that would give Unilever, a British-Dutch company, a much greater presence in the United States.
BUSINESS
November 1, 2000 | Associated Press
Anglo-Dutch consumer goods company Unilever has agreed to sell its Elizabeth Arden perfumes business for $225 million as part of its effort to shed operations that do not meet its strategic needs. Unilever, whose brands include Pepsodent toothpaste, Lipton tea and Ragu spaghetti sauce, said it has reached the deal with FFI Fragrances, a perfume-maker based in Miami Lakes, Fla.
BUSINESS
May 9, 1998 | DIANE SEO, SPECIAL TO THE TIMES
Will women want White Diamonds without Elizabeth Taylor pushing the rich floral perfume? In an effort to revive the 7-year-old scent, manufacturer Elizabeth Arden last month launched an estimated $7-million print and television ad campaign, featuring Burt Reynolds, Kenny Rogers and actor Lorenzo Lamas, in time for Mother's Day. Instead of Liz, the somewhat-faded male celebrities now are touting the fragrance to mature women.
BUSINESS
August 6, 1987 | JUBE SHIVER Jr., Times Staff Writer
Eli Lilly & Co., following other big drug companies that have recently decided to bail out of the sluggish cosmetics business, said Wednesday it will sell its Elizabeth Arden division to Faberge Inc. for about $700 million.
BUSINESS
May 9, 1998 | DIANE SEO, SPECIAL TO THE TIMES
Will women want White Diamonds without Elizabeth Taylor pushing the rich floral perfume? In an effort to revive the 7-year-old scent, manufacturer Elizabeth Arden last month launched an estimated $7-million print and television ad campaign, featuring Burt Reynolds, Kenny Rogers and actor Lorenzo Lamas, in time for Mother's Day. Instead of Liz, the somewhat-faded male celebrities now are touting the fragrance to mature women.
BUSINESS
February 11, 1989 | JESUS SANCHEZ, Times Staff Writer
Faberge Inc. said Friday that it has agreed to sell its beauty products and toiletries businesses--which include the Elizabeth Arden, Brut and Aqua Net lines--to international consumer products giant Unilever Group for $1.55 billion in cash. The deal is another in a long line of acquisitions in the cosmetics industry and one that would give Unilever, a British-Dutch company, a much greater presence in the United States.
BUSINESS
January 31, 1988
Daniel J. Manella has been named chairman and chief executive of Elizabeth Arden Inc., New York. Manella replaces Vaughn Bryson of Eli Lilly. Faberge Inc. recently acquired Elizabeth Arden from Eli Lilly for about $700 million. Manella also will continue as chairman and CEO of Faberge Inc.
BUSINESS
August 6, 1987 | JUBE SHIVER Jr., Times Staff Writer
Eli Lilly & Co., following other big drug companies that have recently decided to bail out of the sluggish cosmetics business, said Wednesday it will sell its Elizabeth Arden division to Faberge Inc. for about $700 million.
BUSINESS
April 3, 1987
Sixteen years after acquiring Elizabeth Arden Inc., the pharmaceutical giant wants out of the cosmetics business. Eli Lilly & Co. said it has retained Morgan Stanley & Co. to evaluate offers for Elizabeth Arden, which markets skin care, makeup products and fragrances, and operates 10 Red Door Salons around the country and the Maine Chance spa in Phoenix.
BUSINESS
December 23, 1987 | From Times Wire Services
Stock prices finished mostly lower Tuesday as profit taking and a sharp rise in crude oil prices derailed the market's year-end advance. Trading was more active than in Monday's session. "It looks like a normal pullback after the recent rally," said Alfred E. Goldman of the brokerage A. G. Edwards & Sons Inc. in St. Louis. The Dow Jones index of 30 industrial issues, which rose 15.08 on Monday, slipped 11.93 to close at 1,978.45.
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