The NYC-based beauty company reported a significant narrowing of Q3 net losses on Friday, thanks to cost-cutting measures which compensated for faltering sales and are soon to be expanded through a new optimization plan.
Multi-platinum recording artist Nicki Minaj has formed a new fragrance partnership with Luxe Brands. Luxe will reinvent her fragrance franchise which currently centers around her signature scent, Pink Friday.
Revlon Inc named Debra Perelman its first female chief executive officer on Wednesday, as the cosmetics maker controlled by her billionaire father, Ronald Perelman, tries to keep up with changing consumer preferences.
The New York-based cosmetics group reported its financial results for the first quarter 2018 on Thursday, recording widening losses due to falling sales, particularly in North America and its fragrance segment.
Revlon Inc. announced late on Thursday that profit losses widen to $76.9 million in the last quarter of 2017, impacted by costs to integrate the Elizabeth Arden business, as the New York firm saw total revenues dip 1.8%