The Red Door Spa helps drive sales at Elizabeth Arden, Inc.

Elizabeth Arden, Inc. has announced that it has made an investment in Red Door Spa Holdings, the operator of the Elizabeth Arden Red Door Spas and the Mario Tricoci Hair Salons privately owned by North Castle Partners. The beauty company currently licenses the trademarks for the Elizabeth Arden and Red Door brand names to Red Door Spa Holdings, the owner and operator of the Elizabeth Arden Red Door Spas. As part of the deal, Elizabeth Arden, Inc. and J.H. Anderson Holdings have an option to acquire the remaining interest in Red Door Spa Holdings.

 E. Scott Beattie, chairman, president and chief executive officer of Elizabeth Arden, Inc., commented, “Our intent in partnering with John Anderson and North Castle Partners is to accelerate the growth of the spa business in parallel with the growth of the Elizabeth Arden brand and the Elizabeth Arden brand repositioning…We intend to leverage this unique association to drive both Elizabeth Arden product sales and the Red Door Spa business.”