Revlon Files for Bankruptcy - The New York Times

The company has struggled to attract younger shoppers who are choosing celebrity makeup lines like those from Kylie Jenner and Rihanna.

Revlon was acquired by the billionaire Ron Perelman for $2.7 billion in 1985 through a hostile takeover, then described as one of the pivotal corporate battles of the era. It acquired Elizabeth Arde… [+988 chars]

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