July 31, 1996 |
Revlon said higher cosmetics sales helped pushed it into the black for the second quarter, contrasted with a loss a year ago, far exceeding analyst expectations. The company had net income of $400,000, or a penny a share, contrasted with a loss of $14.3 million, or 34 cents, a year earlier. Wall Street was expecting a loss of 17 cents a share.
April 8, 1999 |
After two weeks of rumors that sent Revlon shares soaring, billionaire Ronald O. Perelman put the cosmetic company's future up in the air Wednesday, announcing plans to sell one or more of its struggling businesses. Revlon, which makes Revlon and Almay makeup, Flex shampoo and Charlie perfume, has seen its shares surge 70% in the last two weeks amid rumors the company was a takeover target.
October 8, 1998 |
Move over Halle, Cindy, Salma and Melanie. There's a new girl in Revlonland--and she's a size 14, sometimes 16. And the mono-monikered Emme means big business--in more ways than one--to Revlon, as the first plus-size celeb to promote its products. "It's nice that Revlon sees that beauty is very accessible to each and every woman out there," said Emme, about her spokesmodel gig, which begins next year.
December 16, 1988 |
Behind the scenes in cosmetics areas of department stores, a high-powered game of Monopoly is played every day--whoever owns the most real estate wins. Instead of getting houses and hotels, however, the cosmetics manufacturers acquire counter space in prime, high-traffic locations. And instead of collecting rent, they collect shoppers. Estee Lauder, Lancome and Clinique have controlled the board for years, commanding the premium positions in highly profitable cosmetics departments.
April 11, 1991
Jerry Levin, executive vice president of MacAndrews & Forbes Holdings Inc., the parent company of Revlon Inc, was named president of Revlon, effective immediately. He succeeds Sol Levine, 63, who intends to retire and become a consultant to the company.
May 14, 1993
Roy J. Karrell, founder of Los Angeles-based Visage Beaute, which made custom-blended cosmetics, has died at age 44. Karrell, who lived in Malibu, died Monday of AIDS. The Boston native began his career in makeup as a stock boy behind Bloomingdale's Elizabeth Arden counter in New York. He moved into management during stints with Chanel and Lancome, and rose to vice president of Halston Orlane.