Revlon files for bankruptcy
Revlon the 90-year-old multinational beauty company has filed for Chapter 11 bankruptcy protection weighed down by debt load disruptions to its. Talks around the potential filing arent final and could change said the people who asked.
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Cosmetics giant Revlon Inc.
. Is preparing to file for Chapter 11 bankruptcy as soon as next week as it battles supply chain problems and a heavy debt load according to people with knowledge of the matter. Revlon has been unable to keep pace with rivals LOreal and Estee Lauder as well as upstart makeup and personal-care brands that have turned to video bloggers and Instagram personalities to fuel.
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