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Revlon, Inc. is an American multinational company dealing in cosmetics, skin care, perfume, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it remains. Revlon was founded by brothers Charles and Joseph Revson, and chemist Charles Lachman.
Almay was the first brand to introduce skincare safety by producing fragrance-free products, by showing all the ingredients used on its product labels, and by testing for allergy, as well as irritation. [citation needed] It was also the first to create a cosmetic line for consumers with specific skin types and those who wear contact lenses.
On November 3, 2016, Revlon's board of directors appointed E. Scott Beattie, Elizabeth Arden's former chairman, president and chief executive officer, to serve as a member of Revlon's board of directors in the capacity of non-executive vice-chairman. [10] On June 16, 2022, its parent, Revlon, filed for Chapter 11 bankruptcy. [11]
Revlon Reports 2012 Results NEW YORK--(BUSINESS WIRE)-- Revlon, Inc. (NYS: REV) today announced results for the year and the fourth quarter ended December 31, 2012. 2012 results compared to 2011 ...
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By 2012, Revlon was rebounding, and its net income had grown to $51.5 million. [20] As of April 2014, Revlon was trading at $25.45 per share, rising from a low of $1.20 per share in 2007. [ 21 ] A major cause of Revlon's financial problems was the debt load stemming from Perelman's purchase of the company.
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Revlon introduced lotions and bar soap by 1986, [1] and hair conditioner and shampoo by 1989. The brand was originally developed by Revlon as a line of sensitive skin personal care items and was introduced by 1956. [2] The Clean & Clear name referred to the fact that the products contained no fragrance or dyes, and left no residue after rinsing.