Revlon

Revlon has no CEO

Revlon has no CEO

By Deanna Utroske

Today Lorenzo Delpani steps down from the position he’s held since October of 2013, and the company has yet to name a replacement or interim leader.

Who will acquire Revlon?

Who will acquire Revlon?

By Deanna Utroske

That’s the question majority owner Ron Perelman is asking—late last week he filed a statement with the US Securities and Exchange Commission declaring that his investment firm is exploring strategic alternatives involving the company.

Benjamin Karsch, Revlon chief of marketing, consumer division

Revlon appoints new head of marketing

By Simon Pitman

In a bid to continue its turn around, Revlon has announced that Benjamin Karsch has been appointed executive vice president and chief marketing officer for the company’s consumer division.

South Africa’s rising middle class to boost cosmetics growth

South Africa’s rising middle class to boost cosmetics growth

By Lucy Whitehouse

The South African colour cosmetics market is forecast to be worth £90.3 million in 2014 says market researcher Mintel; and a new report from fellow firm Euromonitor International confirms that this all thanks to the country’s riding middle class. 

Revlon secures credit life line

Revlon secures credit life line

By Simon Pitman

As expected troubled cosmetics player Revlon has amended it bank
credit agreement as a means of securing its short-term stability
after the company chose to withdraw its much maligned Vital
Radiance cosmetic line for old women.

Revlon to reduce debts

Revlon to reduce debts

Revlon has announced it is to eradicate $780 million of debt by the
end of 2004's first quarter. The troubled US company - reporting a
net loss of $153.8 million for 2003 - has signed an agreement to
reduce debt by 50 per cent.

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