Beauty’s Bottom Line: Revlon’s Next Move

In the Black is a new monthly financial column that will appear on Beauty Insider, covering relevant topics in the beauty financial and M&A world. Here, our debut column, which reveals Revlon’s plans for one of its color brands.

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Revlon’s CEO Steps Down

Following an investor call—whereby Revlon reported a successful fourth quarter for its Consumer and Professional segments—Lorenzo Delpani, Revlon’s Chief Executive Officer, announced he was stepping down from his role, effective March 1.

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Revlon’s New Positioning Shows The Love

The re-launch of Revlon and tying the brand to an emotional concept, such as love, looks to add context to the product experience, said Lorenzo Delpani, Revlon’s Chief Executive Officer.

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Revlon Q2 Profit Dips

In response to whether Almay continues to fits in Revlon’s portfolio, Revlon President and CEO Lorenzo Delpani replied: “I want to make it clear that for us Almay is a core asset, it needs turnaround, and that’s no question about it. But it is a core asset.”

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Revlon Q1 Boosted By Professional Division

Revlon’s mass consumer business – namely Revlon, Almay and Sinful brands – decreased slightly to $339.5 million, from $340 million a year ago, with profits of $71.5 million, down 6.8%.

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Revlon Posts Q4, Year-End Loss

Revlon’s new president and CEO Lorenzo Delpani made his public debut this week hosting a call on the company’s yearend financial results, which yielded Revlon in the red.

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