Cosmetics sector painted red after Elizabeth Arden disappoints

|About: Elizabeth Arden, Inc. (RDEN)|By:, SA News Editor

An alarming drop in sales by Elizabeth Arden (RDEN -21.1%) has rocked the fragrance and cosmetics sectors.

The read weak U.S. demand from the company and a heavily promotional atmosphere overseas has put some more tension in the air.

Decliners: Avon Products (AVP-1.1%, Ulta Salon (ULTA-1.5%, Nu Skin (NUS-1.2%, Inter Parfums (IPAR-1.3%, Revlon (REV-1.1%, Coty (COTY-2.7%.