Moneycontrol PRO
HomeNewsRevlon

Revlon

Jump to
  • Revlon to double business in next 2 years in India, to open 300 more outlets

    The company has plans to increase the number of outlets to 600 from the existing 300 and also quadruple its presence from 1,000 departmental stores to 4,000 stores, said Revlon Executive Director and Head of Revlon Indian Subcontinent Meghna Modi.

  • Revlon pushes back against shareholder demand for equity committee

    Revlon pushes back against shareholder demand for equity committee

    Revlon filed a brief in Manhattan federal court on Sunday arguing that the company's $3.5 billion debt load meant that shareholders would likely receive nothing from the company's bankruptcy, so a committee's "significant" costs would "greatly outweigh any speculative benefit."

  • No comments, says RIL to reports of plan to acquire Revlon

    No comments, says RIL to reports of plan to acquire Revlon

    In a statement to exchanges, RIL said it is unable to comment on media speculation and various opportunities are evaluated on ongoing basis

  • Latest meme stock Revlon surges more than 50% in heavy trading

    Latest meme stock Revlon surges more than 50% in heavy trading

    Shares of the $330 million market-cap company, which filed for bankruptcy last Wednesday, are up more than 400% since its lows on June 14 as retail investors appear to pile in to the company.

  • Explained: Revlon goes bankrupt. What went wrong with the cosmetics giant?

    Explained: Revlon goes bankrupt. What went wrong with the cosmetics giant?

    Revlon filed for bankruptcy, citing supply chain challenges and mounting debt. The company said that move will allow it to strategically reorganise its legacy capital structure and improve its long-term outlook.

  • Can Revlon be saved with a surge in the lipstick index?

    Can Revlon be saved with a surge in the lipstick index?

    The storied brand has fallen victim to the same type of problems that toppled traditional department stores. But will an economic downturn give it a glowup?

  • Cosmetics maker Revlon files for bankruptcy

    Cosmetics maker Revlon files for bankruptcy

    It faced a high debt load, and supply chain crunch. The lipstick maker struggled against Estee Lauder and other smaller companies which used social media to attract customers.

  • Cosmetics maker Revlon nears bankruptcy filing: Report

    Cosmetics maker Revlon nears bankruptcy filing: Report

    The lipstick maker began talks with lenders ahead of looming debt maturities to try to steer the business clear of bankruptcy, the WSJ reported last week.

  • Citibank just sent some lenders $900 million by mistake. What happens if you commit such a colossal gaffe?

    Citibank just sent some lenders $900 million by mistake. What happens if you commit such a colossal gaffe?

    What if you transfer money to the wrong beneficiary? More importantly, what should you do if you receive an amount by accident from someone? Here is what bankers say

  • Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: US judge

    Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: US judge

    The case stemmed from an incident where Citigroup, acting as Revlon's loan agent, wired $893 million to Revlon's lenders, appearing to pay off a loan not due until 2023.

  • Cosmetic brands come under Maharashtra FDA's scrutiny: Srcs

    Cosmetic brands come under Maharashtra FDA's scrutiny: Srcs

    The Maharashtra FDA is checking branded and un-branded lipsticks to check for traces of mercury, which is not permissible in cosmetics. Big companies like Lakme, Revlon and L‘Oreal are under the scanner.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347