Revlon Files Bankruptcy After Missing Social Media Makeup Boom (FR.OR) - 16 iunie 2022
The cosmetics giant, owned by billionaire Ron Perelman, sought court protection in the Southern District of New York after the global supply chain crunch and steep inflation deepened its woes. Revlon has been unable to keep pace with rivals L’Oreal SA and Estee Lauder Cos. (US.EL) as well as upstart makeup and personal-care brands that have turned to video bloggers and Instagram personalities to fuel growth.
https://finance.yahoo.com/news/revlon-files-bankruptcy-facing-high-041046717.html