We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.

The global fashion business journal

Apr 2, 20207:11am

Revlon explores Goldman Sachs option after increasing losses in 2018

The American cosmetics giant, owner of fifteen brands, including Elizabeth Arden, is analyzing different options, even selling all or a part of the business.  

Aug 16, 2019 — 4:30pm

Revlon explores Goldman Sachs option after increasing losses in 2018



Revlon explores the market. The American cosmetics giant is exploring its deal options with Goldman Sachs. The company led by the multimillion Ronald Perelman is considering selling all or parts of the business.


The company, that closed 2018 on the low, is considering this option due to the growth of smaller competitors that have achieved new consumers though a better use of the social media, according to Bloomberg.


The group closed its fiscal year 2018 with a downfall of 294.2 million dollars, compared to the 183.2 million dollars the previous year. The revenue of the company arrived at 2.5 billion dollars, 4.8% less than last year.


Part of the company’s path in the low is due to the downfall in sales in its local market, where the core of its business relays. In 2018, the company’s benefit in North America dropped 5.5%.  

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment