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The Latest Breaking News from Revlon

Revlon Inc (NYSE: REV) shares continue to surge Wednesday on abnormally-high volume amid increased retail investor interest following the company's Chapt

Benzinga

5 Short Squeeze Candidates To Watch This Week: Revlon Tops The List, A SPAC Shifts To Second And More

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.

Benzinga

Revlon bankruptcy complicated by Citi’s $900mn error

Data entry mistake in 2020 leads to infighting among creditors of indebted US cosmetics group

Financial Times

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Revlon: makeup icon falls to social media rivals

The US cosmetics firm has filed for bankruptcy, unable to keep up with online competition and celebrity-led brands

The Guardian - UK

Benzinga Before The Bell: SpaceX Fires Staff Critical Of Musk, Snapchat Tests Subscriptions And Other Top Financial Stories Friday, June 17

Reuters London’s Gatwick Airport To Fly Lesser Number Of Flights During Summer Season

Benzinga

Indian Conglomerate Reliance Eyes Bankrupt Revlon: Reuters

Indian conglomerate company Reliance Industries is mulling acquiring cosmetics maker Revlon Inc (NYSE: REV), Reuters reported. The development comes in the wake of Revlon filing for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. Revlon is facing heavy debts as it struggles to compete with brands driven by social media…

Benzinga

Struggling cosmetics company Revlon files for bankruptcy protection

It comes amid rising costs and supply chain problems

Wales Online

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Cosmetics giant Revlon files for bankruptcy

Company has been caught up in headwinds of ‘supply chain disruption and rising inflation’

Evening Standard

Revlon files bankruptcy as supply-side woes prove breaking point

Revlon Inc. filed for Chapter 11 bankruptcy as the global supply chain crunch proved the tipping point for the debt-laden company that has struggled to tap into a broader cosmetics sales boom driven by social-media influencers.

Tribune News Service

Key milestones in Revlon's storied history

Revlon is filing for Chapter 11 bankruptcy, weighed down by heavy debt load, disruptions to its supply chain and surging costs

The Independent UK

Beauty giant Revlon files for bankruptcy amid heavy debt load

Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy, weighed down by a heavy debt load, disruptions to its supply chain network and surging costs

The Independent UK

Revlon files for bankruptcy protection amid heavy debt load

Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy, weighed down by a heavy debt load, disruptions to its supply chain network and surging costs

The Independent UK

Revlon files for Chapter 11 bankruptcy protection

The company secured financing to continue day-to-day operations.

Axios

Stock Market Today - 6/16: Dow Ends Below 30,000 On Recession Fears; Tech Stocks Pounded

Both the Bank of England and the Swiss National Bank followed the Fed with rate hikes Thursday, indicating a likely long-run of monetary tightening from global central banks aimed at taming inflation.

The Street

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Benzinga

Cosmetics Maker Revlon Files For Bankruptcy

Cosmetics brand Revlon Inc (NYSE:REV) has filed for bankruptcy under Chapter 11 after facing heavy debt. It has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. Related: Beauty Products Giant Revlon In Talks To File For Chapter 11 Bankruptcy: Report The filing will…

The Street

Revlon Files For Chapter 11 Bankruptcy, Says Debt Burden Limiting Ability to Meet Demand

"Consumer demand for our products remains strong, but our challenging capital structure has limited our ability to navigate macro-economic issues," said CEO Debra Perelman.

The Street

Stocks Slump on Recession Concerns, Tesla, Twitter, Revlon And McDonald's In Focus - Five Things To Know

Stock futures slump as Fed hike stokes recession fears; Tesla unveils U.S. model price hikes as costs surge; Revlon files for Chapter 11 bankruptcy protection; Twitter shares jump ahead of town hall meeting with Elon Musk and McDonald's settles $1.3 billion tax dispute with France

Benzinga

41 Stocks Moving In Tuesday's Mid-Day Session

Gainers Revlon, Inc. (NYSE: REV) rose 125.5% to $2.6499. Revlon’s stock dropped sharply on Monday after the company is reportedly expected to file for bankruptcy.

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The Street

Revlon Stock Collapses Amid Reports Of Imminent Chapter 11 Bankruptcy Filing

"While consumer demand for Revlon's products remained strong, supply chain challenges are putting pressures on our ability to meet this demand," CEO Debra Perelman told investors on May 7.

Bangkok Post

Cosmetics Maker Revlon Nears Chapter 11 Filing

Revlon Inc. is preparing to file for chapter 11 protection as soon as this week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and supply-chain pressures, people familiar with the matter said.

StockNews.com

3 Small-Cap Stocks Down More Than 50% This Year That Poised to Rebound

While concerns over the Fed’s aggressive interest rate hikes to fight the multi-decade-high inflation has led to a sell-off, the market downturn presents an opportunity for investors to scoop up quality small-cap stocks Atlanticus Holdings Corporation (ATLC), Cognyte Software Ltd. (CGNT), and Revlon, Inc. (REV) for solid long-term returns.

Benzinga

Revlon's Return On Capital Employed Overview

Revlon (NYSE:REV) brought in sales totaling $479.60 million during Q1 according to data provided by Benzinga Pro. However, earnings decreased 776.77%, resulting in a loss of $67.00 million.

Wales Online

Barry M v Urban Decay: 'I compared budget lipsticks and some held their own against brands four times the price'

Is it really worth splurging over £20 on a designer lippy? I decided to put some brands to the test and find out

Benzinga

Earnings Preview: Revlon

Revlon (NYSE:REV) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement. Analysts estimate that Revlon will report an earnings per share (EPS) of $-1.65.

Daily Mirror

Glossybox launch 2022 Easter beauty egg worth £110 but yours for only £25

The beauty retailer has announced its sellout Easter beauty egg is back for 2022 and it features a host of goodies

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