(Photo: Tod's S.p.A.)
Elizabeth Arden Quarterly Results Top Expectations (Reuters): Elizabeth Arden Inc's quarterly profit topped expectations as sales picked up, but the cosmetics maker remains cautious about the rest of the year as retailers manage inventories conservatively.
Estee Lauder's Profit Jumps; Sales Gain From Korea to Spain (MarketWatch): Estee Lauder Cos. said Thursday its fiscal second-quarter profit jumped 62%, helped by demand in Asia and Europe as well as by encouraging U.S. and U.K. holiday sales.
Tod's Posts Growth in 2009 Sales (Reuters): Italian designer shoe and bag maker Tod's reported an increase in 2009 sales, showing that it was one of only a few luxury goods companies to see any growth during the global financial crisis.
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