Arden to buy Liz Claiborne?

摘要

It's still difficult to get a sense of how serious the credit crisis actually is.There's no doubt some personal care stocks are suffering.Like Elizabeth Arden.It has posted an unexpectedly poor third quarter 3.8m sales loss,prompting a 20% drop in its share price.However,in the last nine months Arden's sales have risen modestly and net profits have climbed nealry 10% to over 30m.