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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.
Charles Haskell Revson (October 11, 1906 – August 24, 1975) was an American businessman and philanthropist. He was best known as a pioneering figure in the American cosmetics industry as the person who created the first pigment-based nail polish and founded and managed Revlon through five decades.
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]
After a successful intervention in business processes and a restructuring of operations in Europe, Revlon (REV) now plans to implement similar changes across its operations globally. Revlon makes ...
Revlon (NYS: REV) , the global cosmetics and personal care products company, came out with its third-quarter results with higher revenues but flat profits. Let's take a closer look at what happened.
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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.
Revlon Inc. is expanding its restructuring efforts, again. The latest restructuring effort, called the Revlon Global Growth Accelerator, is meant to allow the beauty company to reinvest in its ...