Citi's $900-mn Revlon 'blunder' may get more painfulThe cosmetic giant filed for Chapter 11 bankruptcy protection recently.
Despite global issues, Revlon pursuing growth in IndiaRevlon, which first made its mark in India with prominent standalone counters, exclusive kiosks and shop-in-shop outlets across malls and m...
Mukesh Ambani's Reliance considering buying out Revlon in US, reports sayIndian conglomerate Reliance Industries may buy out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy, E...
Revlon files for bankruptcy facing high debt, supply chain painThe cosmetics giant owned by billionaire Ron Perelman sought court protection in the Southern District of New York, and listed both assets ...
Cosmetics maker Revlon nears bankruptcy filingDemand for makeup products has bounced back in recent months as people across the world venture out more often. But Revlon, which faces sti...
US judge: Citigroup can't get back $500 million it wrongly paid outThe case centers on payments totaling some $500 million Citigroup sent in August 2020 to 10 financial companies who were parties to a term ...
Bank error in your favour: Citi’s fight to reclaim $900 millionUnless there’s a last-minute settlement, the trial -- over one of the biggest banking errors in recent memory -- will be closely watched on...
Citigroup cites $900 million human error. Lenders are puzzledThe bank — which said it has been in the process of upgrading its loan operations platform after a review it undertook last year — said it ...
Citi’s $900-million ‘clerical error’ is worst Wall Street bungle in a long timeThe "clerical error" has plunged the bank into a battle between the Perelman empire and a corps of sharp-edged investment funds that have b...
Revlon plans 100 exclusive outlets by 2017-endAt present, 25 to 30 per cent of its exclusive stores are company owned and the ratio might change when it opens its 100th store.
Revlon to enter professional products space in India next year"We have to bring in new customers. This kind of growth is only possible if we tap areas which we did not tap earlier," Modi added.
Modi-Revlon to open 100 stores in India in three yearsModi-Revlon, a jv between the Modi group and international cosmetics firm Revlon, today said it will open 100 stores in the next three year...
Modi Revlon’s new brand to target mass market, take on rivals like Lakme, L’OrealModi Revlon will soon roll out a new brand of colour cosmetics priced about 60% cheaper than the existing Revlon range and expand its reach...
Cosmetics major Revlon to exit China, cut over 1,000 jobs over restructuringRevlon will cease operations in China and eliminate about 1,100 positions, including 940 beauty advisers, as it restructures its struggling...
- Revlon to eliminate 400 jobs in restructuring
Revlon Inc. said on Thursday it will cut 400 jobs worldwide to help cut annual costs by $30 million as the cosmetics company continues to g...
- Modi-Revlon to start fragrances production
Modi-Revlon, a joint venture between the Modi group and international cosmetics firm Revlon, will start its production unit for perfumes in...
- Modi Revlon to launch mass brand Color N Care
Colour cosmetics player Modi Revlon plans to take on Garnier, the mass hair colour market leader, with the launch of its mass brand, Color ...