Elizabeth Shoes - Vintage shoebox - 1970s ?

Elizabeth shoes shoebox possibly from the 1970s

I just about flipped when I found this image of an Elizabeth shoe box on flickr. I love the organic lines flowing inside the butterfly wings. Is it me or does it look like the body of the butterfly is rising from a lighter thats created when the letter “L” and letter”i” are placed next to each other? I doubt that was their intention, but its still looks cool. I can’t get enough of those branches that stem from the letters. Has anyone heard of this company? Is this a new company or is this from the 1960s or 1970s?

Many, Many thanks to Fountaineer for posting this.

Tags1970s, graphic-design, Illustration, modern, shoeboxes, shoes, vintage