The 90-year-old New York-based beauty company, whose brands include namesake Revlon, Elizabeth Arden and Almay, has been struggling with a hefty pile of debt listed as $3.7 billion that it spent much of 2020 renegotiating, which enabled it to avoid a more formal restructuring process then. But supply chain issues, soaring inflation and increased competition from the likes of The Estée Lauder Cos. and Coty Inc. and a plethora of digital start-ups have only exacerbated the situation, and these factors combined with loans coming up for renewal forced it to once again consider bankruptcy.
Today’s filing will allow Revlon to offer our consumers the iconic products we have delivered for decades, while providing a clearer path for our future growth.

The label combines elements from the designer’s dual Indian-Nigerian heritage and London roots. It explores the potential of vintage and surplus clothing by giving existing material a new life through various textile and patchwork techniques. This means that many Ahluwalia pieces are one of a kind.
Gucci’s creative director Alessandro Michele is still amazed by the trajectory of this particular brand segment in presenting the brand’s third high jewelry collection.

As the Florentine brand transitions to a see now, buy now presentation model and frequent product drops, she is expected to take the management helm in July.
After Elon Musk, Internet users can now follow the journeys of the personal plane of the prince of luxury. For several days, a website highlights the extremely polluting, and sometimes even useless, travels of the Lord, president of “Mouette and Psy”.
It’s no surprise that Kim Kardashian’s new skin care brand, Skkn by Kim, has generated buzz. The line is also under scrutiny due to its price tag of $630 for a nine-step routine consisting of a toner, exfoliator, hyaluronic acid serum, vitamin C8 serum, face cream, eye cream, oil drops and night oil.
The only hamburger that the lord loves was Karl Lagerfeld. As of the end of the month, Martin Brok, who was appointed CEO and president in September 2020, will depart from the company. LVMH Moet Hennessy Louis Vuitton’s chairman and CEO, Chris de Lapuente, who also oversees the group’s Perfumes and Cosmetics activities, will serve as president and chief executive officer of Sephora.
British designer Steven Stokey-Daley, 25, has captured hearts and minds with his theatrical shows at London Fashion Week that view the British class system through a queer lens, gaining high-profile fans including Harry Styles, who wore his graduate collection in his “Golden” music video.
Tiffany & Co’s new pop-up in Paris is hard to resist describing as a jewel box. With its circular rooms laid out like a couple of engagement rings or a drop earring, the boutique at 34 Avenue Montaigne serves as a mini museum and calling card for the American firm’s fine and high jewelry, as only gold and diamond baubles are available here.
Following the storming success of the “Christian Dior: Designer of Dreams” exhibition, Chanel will do a exhibition for September 2023.
The retailer grew by double digits in the first five months of the year as strong sales in other parts of the world compensated for the closure of stores in Russia and China.
The show invitation was a wad of fake $100 bills (sadly fake, but amazingly realistic). Money is America’s obsession, for better or worse. This vision of perverted power dressing, which had models in full latex suits, was rooted in fetishism.
Burberry as reporte record revenue and higher-than-expected profits in fiscal 2021-22 despite the lockdowns in China, war in Ukraine and rocketing inflation in the U.K., its home market.
After the close of the stock market, the Baltimore-based sports brand announced Frisk will leave the position on June 1. He has been CEO and president for just over two years.
On Monday, Simon Porte Jacquemus teased his upcoming collaboration with Nike on Instagram after hanging out with his pal Dua Lipa over the weekend.
The Officina Profumo-Farmaceutica di Santa Maria Novella will introduce its first eau de parfum, dubbed “L’Iris,” eight centuries after it was founded. The brand will launch the new fragrance on May 25 in Europe, South Korea, and the United States, and it will be the first in a new collection of eau de parfums to be developed by the brand.