The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
NEW YORK, United States — Revlon Inc. on Friday reported a first-quarter loss of $37.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the New York-based company said it had a loss of 71 cents. Losses, adjusted for one-time gains and costs, were 23 cents per share.
The beauty products maker posted revenue of $594.9 million in the period.
Revlon shares have dropped 13 percent since the beginning of the year. The stock has dropped 31 percent in the last 12 months.
Excitement for its IPO is building, but in order to realise its ambitions, more acquisitions and operational expenses might be required.
In an increasingly crowded space, makeup brands that prioritise natural ingredients are finding new ways to get their message across.
Shana Randhava, Priya Venkatesh, Heela Yang and Robin Tsai will join Imran Amed and Priya Rao to identify the entrepreneurs shaping the future of the beauty industry.
By selling existing formulas under their own name, retailers can tap into the lucrative beauty market without investing in custom formulations. But that doesn’t mean the private label model is an easy win.