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Live from New York: Fragrance Online Presence Expands

Posted: December 10, 2008, from the December 2008 issue of GCI Magazine.

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Beattie believes he has harnessed the energies of heritage and modernity, while drawing on his investment banker roots to maintain financial solidity and growth for the brand. Entrepreneurial spirit, the ability to find niches in the industry, supply chain management, and innovative, creative people working in an open environment have all contributed to Elizabeth Arden, Inc.’s growth, according to Beattie.

Champions Honor Gould

Rochelle Bloom, president of The Fragrance Foundation, honored Michael Gould, chairman and CEO of Bloomingdale’s at the Ninth Annual Circle of Champions Award dinner, held at New York’s St. Regis Hotel in October. Bloom described working with Gould during her last two years at The Estée Lauder Companies, calling him “tough, fair and a great partner,” before she introduced Leonard Lauder, chairman of the board and former chief executive, The Estée Lauder Companies, to make the formal presentation.

“Michael is one of the great men in the world—a great merchant and a great philanthropist,” said Lauder, who noted Gould’s start at Abraham & Straus, which he referred to as “the training ground of almost every great merchant in America.”

Gould, who was formerly chairman and CEO of J. W. Robinson’s in Los Angeles, as well as COO of Giorgio Beverly Hills, later to become president and CEO, went on to run Bloomingdale’s as chairman and CEO in 1991. “When he joined Bloomingdale’s, it began a renaissance for retail,” Lauder added.

Gould noted that after 40 years in the business and 17 years as CEO of Bloomingdale’s, he has learned that “it is not the CEO, the bottle or the packaging” that makes retailers successful, rather, it is their friends, family members and co-workers that empower them along their path in life. “I’m blessed to have been able to work with good people,” he concluded, “who have made me a little better.”

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