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More suitors for Arden?

Source: Release Date:2014-06-17 360
Personal Care
Korea's LG eyes skin care company
ANALYSTS say more suitors may emerge for Elizabeth Arden after a lousy quarter that saw it report a surprising loss.

LG Household & Health Care Ltd. is already said to be interested in bidding for Arden, which earlier this year hired Goldman Sachs Group Inc. to explore its options. As an established fragrance and cosmetics company, Arden's brands include Red Door, 5th Avenue and Untold. Its skin care brands include Prevage, Flawless Future and Visible Difference.  

Arden's 2013 sales were $855 million.
Nike
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