Revlon: makeup icon falls to social media rivals The US cosmetics firm has filed for bankruptcy, unable to keep up with online competition and celebrity-led brands The Guardian - UK · Jun 18, 2022
Struggling cosmetics company Revlon files for bankruptcy protection It comes amid rising costs and supply chain problems Wales Online · Jun 16, 2022
Cosmetics giant Revlon files for bankruptcy Company has been caught up in headwinds of ‘supply chain disruption and rising inflation’ Evening Standard · Jun 16, 2022
Revlon files bankruptcy as supply-side woes prove breaking point Revlon Inc. filed for Chapter 11 bankruptcy as the global supply chain crunch proved the tipping point for the debt-laden company that has struggled to tap into a broader cosmetics sales boom driven by social-media influencers. Tribune News Service · Jun 16, 2022
Beauty giant Revlon files for bankruptcy amid heavy debt load Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy, weighed down by a heavy debt load, disruptions to its supply chain network and surging costs The Independent UK · Jun 16, 2022
Revlon files for bankruptcy protection amid heavy debt load Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy, weighed down by a heavy debt load, disruptions to its supply chain network and surging costs The Independent UK · Jun 16, 2022
Revlon Clocks 1.8% Sales Decline In Q4 Revlon Inc (NYSE:REV) reported a fourth-quarter FY21 sales decline of 1.8% year-on-year, to $615.2 million, missing the consensus of $645.60 million. Net sales from the Revlon segment grew 0.2% Y/Y, Elizabeth Arden declined 4.7%, Portfolio increased 8.2%, and Fragrances fell 8.7%. Gross profit increased 2.2% Y/Y to $374.8 million, with the margin expanding… Benzinga · Mar 3, 2022