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In Brief: Donna Karan Beauty

This article was originally published in The Rose Sheet

Executive Summary

Donna Karan Beauty: Fashion house planning to announce a licensing or joint venture agreement for its beauty division during the third quarter, Donna Karan said. The firm said it is in discussions with "several companies" regarding such a transaction. In November, Karan announced it was exploring strategic alternatives for its beauty business, noting the division's potential would "be better realized through a strategic alliance that would devote greater resources to the beauty business." The company has said that its fashion expertise did not translate well into the personal care realm ("The Rose Sheet" Nov. 4, 1996, p. 6)...
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