- STICKY POST
- I'm done, close this
Check out our 2013 Holiday Gift Guide, win some awesome gadgets!
Our 2013 Holiday Gift Guide is in full swing - we are adding our recommendations daily, aimed at men, women, teens, families, techies, and more. If you need help figuring out what to get the people in your life, head on over to our Guide for some ideas. We’ll even be giving away some of the items featured this year!
Thursday June 14, 2012 1:34 pm
Elizabeth Arden Purchases Justin Bieber, Nicki Minaj Fragrances
Elizabeth Arden Inc. has purchased the fragrance licenses of Justin Bieber and Nicki Minaj. The company bought the rights of the perfumes by both pop stars from Give Back Brands LLC, as they want to build on their celebrity portfolio.
In a memo to employees, E. Scott Beattie - chairman and chief executive officer of Elizabeth Arden - said, "We are pleased to announce that today we signed an agreement to acquire the licenses for the Justin Bieber and Nicki Minaj fragrance brands from Give Back Brands. The marketing and creative activities for these fragrance brands will continue to be managed externally by their existing team. Sales, finance and operational activities will be absorbed by the respective Elizabeth Arden functions. These brands represent another opportunity to grow our extensive fragrance portfolio through both new licenses and fragrance acquisitions.
Justin's Someday fragrance became one of the biggest selling of 2011, with annual sales reaching $39 million. He is set to release a second perfume, entitled Girlfriend, next week.
Nicki's first fragrance is set for a September launch.
- Related Tags:
- celebrities, celebrity fragrances, e. scott beattie, elizabeth arden, fragrances, give back brands llc, justin bieber, nicki minaj, perfumes
© Gear Live Media, LLC. 2007 – User-posted content, unless source is quoted, is licensed under a Creative Commons Public Domain License. Gear Live graphics, logos, designs, page headers, button icons, videos, articles, blogs, forums, scripts and other service names are the trademarks of Gear Live Inc.