Revlon, the 90-year-old cosmetics giant, filed for Chapter 11 bankruptcy protection because of its crippling debt and mounting celebrity competition.Related video above: Revlon CEO on pandemic work ...
Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection after being weighed down by debt load, disruptions to its supply chain network and surging costs.
Revlon has officially filed for Chapter 11 bankruptcy, sending shockwaves throughout the beauty world on June 16. After battling declining sales, mounting debt, recent supply chain issues and changes ...