Revlon files for bankruptcy facing high debt, supply chain pain

Revlon files for bankruptcy facing high debt, supply chain pain

Revlon Inc. filed for Chapter 11 bankruptcy, unable to manage its heavy debt load amid the supply chain crunch and steep inflation. The cosmetics giant owned by billionaire Ron Perelman sought court protection in the Southern District of New York, and listed both assets and liabilities of as much as $10 billion, according to court … Read more