Revlon 9874stated that by introducing Chapter 11, it will be able to function perfectly in all markets and focus on driving future growth.
Revlon 9874stated that by introducing Chapter 11, it will be able to function perfectly in all markets and focus on driving future growth.
After much speculation, Revlon has officially filed for Chapter 11 bankruptcy protection.
After much speculation, Revlon has officially filed for Chapter 11 bankruptcy protection.
Founded more than 90 years ago in New York City, the firm has stated that by filing for bankruptcy,
Founded more than 90 years ago in New York City, the firm has stated that by filing for bankruptcy,
it will be given the opportunity to function perfectly in all markets and focus on driving future growth
it will be given the opportunity to function perfectly in all markets and focus on driving future growth
In addition, the company will also be able to focus on navigating the continuing effects
In addition, the company will also be able to focus on navigating the continuing effects
of the global supply chain challenges and rising inflation.
of the global supply chain challenges and rising inflation.
Revlon expects to receive $ 575 million in debt-in-ownership financing, providing liquidity to support day-to-day operations.
Revlon expects to receive $ 575 million in debt-in-ownership financing, providing liquidity to support day-to-day operations.
"Today's archiving will allow Revlon to offer our consumers the iconic products we have delivered for decades
"Today's archiving will allow Revlon to offer our consumers the iconic products we have delivered for decades
as it provides a clearer path for our future growth," said Debra Perelman, President, and CEO of Revlon.
as it provides a clearer path for our future growth," said Debra Perelman, President, and CEO of Revlon.