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	<title>24/7 Wall St. &#187; Britney Spears</title>
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		<title>24/7 Wall St. &#187; Britney Spears</title>
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		<title>Elizabeth Arden Must Plan on Keeping Britney Spears (RDEN)</title>
		<link>http://247wallst.com/2007/10/12/elizabeth-arden/</link>
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		<pubDate>Fri, 12 Oct 2007 00:44:27 +0000</pubDate>
		<dc:creator>247wallst</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Britney Spears]]></category>
		<category><![CDATA[elizabeth arden]]></category>
		<category><![CDATA[perfume]]></category>
		<category><![CDATA[RDEN]]></category>

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		<description><![CDATA[Is it more surprising that Elizabeth Arden (NASDAQ:RDEN) launched the new Britney Spears &#34;believe&#34; fragrance, or is it more surprising that Arden launched it with the Britney Spears name on it?&#160; This is the THIRD Britney Spears perfume from Arden available now.&#160; And this just launched in recent weeks.&#160; Upon first journeying into this, it [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=247wallst.com&#038;blog=5450697&#038;post=8429&#038;subd=247wallst&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Is it more surprising that Elizabeth Arden (NASDAQ:RDEN) launched the new Britney Spears &quot;believe&quot; fragrance, or is it more surprising that Arden launched it with the Britney Spears name on it?&nbsp; This is the THIRD Britney Spears perfume from Arden available now.&nbsp; And this just launched in recent weeks.&nbsp; Upon first journeying into this, it would have seemed a safe bet that any company would cut and run.&nbsp; But&#8230;.</p>
<p>If you have a baseball manager with a losing team the general manager or the team owner(s) give a vote of confidence&#8230;. and the manager is sent packing within a month.&nbsp; But Britney as a brand is no baseball player, and there is surprisingly still a value or a franchise here for at least the time being.&nbsp; Frankly, for most of 2007, it really looked like Britney Spears as a brand was getting tarnished (or self-mutilated) to the no-return level.&nbsp; </p>
<p>It isn&#8217;t about the divorce from K-Fed or K-reject whatever.&nbsp; America used to be &quot;mom, baseball, and apple pie.&quot;&nbsp; But now &quot;step-mom, wrestling, and chaw&quot; seems to be the accepted slogan.&nbsp; She isn&#8217;t quite the looker of prior years.&nbsp; But my own mirror would say the same.&nbsp; So the hypocrisy is out the window.&nbsp; </p>
<p>After the head shaving and the rehab earlier in the year I put in a call to Elizabeth Arden Inc. to flush out what the status would be of the falling star.&nbsp; I&#8217;ve always said &quot;follow the money&quot; as the simplest explanation.&nbsp; It seems Arden has the same idea.&nbsp; Britney&#8217;s fragrances are still selling quite well, and this was surprising.&nbsp; Some reports I have read put the Britney fragrances at roughly 10 million individual fragrance sales, although that hasn&#8217;t been released by the company.&nbsp; A current reputation has seemingly not affected a corporate sponsor or branding deal here. </p>
<p>There is something about a &quot;hit and run&quot; incident of late and custody of the kids being turned back over to America&#8217;s least favorite ex-husband (at least in this decade).&nbsp; This week, the controversies continue.&nbsp; The record label moved up the release date of her new &quot;Blackout&quot; CD.&nbsp; Some reports put the reason being to beat leaked songs on the Internet, but it&#8217;s hard not to think it might not have been to get in ahead of any more bad news about her.&nbsp; Besides the gum chewing while smoking, there are probably a dozen other &quot;occurrences&quot; not mentioned.&nbsp; Other allegations and rumors are something you won&#8217;t see here.</p>
<p>To my surprise it seems like Arden has a solid commitment to the Britney brand.&nbsp; Not a vote of confidence, but a commitment.&nbsp; Who knows if that lasts if Britney gets too tarnished.&nbsp; But this seems different, and surprisingly it is even more different now with a new Britney launch.&nbsp; Britney Spears hasn&#8217;t exactly been a good girl, or at least not anything close to a role model.&nbsp; Corporations usually have &quot;out&quot; clauses if their star&#8217;s image gets too tarnished.&nbsp; There is no way to know what is coming on the calendar and there is no way to know what will happen to the star.&nbsp; But for now it seems the selling continues.</p>
<p>Is a call-in a channel check? No, not at one or a few places, anyway.&nbsp; I called to the Macy&#8217;s that I sometimes go to and was surprised to hear the salesperson in the fragrances department say the new &quot;believe&quot; smelt quite nice and that she&#8217;d recommend it for a gift for a special someone after she went over to sniff it out.&nbsp; I didn&#8217;t order it, but that is no fault of the Macy&#8217;s employee because I was just fishing.&nbsp; I honestly expected something different and quite contrary.</p>
<p>Maybe not all of corporate America is cut-and-run at the first sign of trouble.&nbsp; Personally, this isn&#8217;t about knocking a celebrity.&nbsp; This isn&#8217;t about knocking a brand or an image.&nbsp; This is about recognizing a brand and a commitment.&nbsp; Maybe not even the top brass knows if this commitment will last.&nbsp; But there is at least something worth noting about a company sticking with a less than perfect persona.&nbsp; Follow the money seems to be working.&nbsp; Time will tell the true outcome, but this is one that could have easily been covered in a different light if opinions or thoughts alone were applied.</p>
<p>Jon C. Ogg<br />October 12, 2007</p>
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	<category domain="tickers">Britney Spears</category><category domain="tickers">elizabeth arden</category><category domain="tickers">perfume</category><category domain="tickers">RDEN</category>
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