Revlon Files For Bankruptcy

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Alpha8472
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Revlon Files For Bankruptcy

Post by Alpha8472 »

They filed for Chapter 11 citing "legacy debt" challenges and supply chain disruptions.

Elizabeth Arden bought Revlon in 2016 and the company changed names to Revlon.

Rival Coty seems to be doing better as they have deals to make beauty products using brands such as Gucci, Adidas, Calvin Klein, etc.
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Re: Revlon Files For Bankruptcy

Post by pseudo3d »

Alpha8472 wrote: July 24th, 2022, 3:08 pm They filed for Chapter 11 citing "legacy debt" challenges and supply chain disruptions.

Elizabeth Arden bought Revlon in 2016 and the company changed names to Revlon.

Rival Coty seems to be doing better as they have deals to make beauty products using brands such as Gucci, Adidas, Calvin Klein, etc.
Looks like Revlon bought Elizabeth Arden, not the other way around.

The current Revlon is, however, Pantry Pride, which was gutted and reorganized as Revlon.
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Re: Revlon Files For Bankruptcy

Post by veteran+ »

I wonder if there are still some hidden "assets" (which attracted Ron Perelman) from the former Food Fair/Pantry Pride that will see the light of day as the bankruptcy unfolds.

:?: :?:
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Re: Revlon Files For Bankruptcy

Post by pseudo3d »

veteran+ wrote: July 25th, 2022, 7:58 am I wonder if there are still some hidden "assets" (which attracted Ron Perelman) from the former Food Fair/Pantry Pride that will see the light of day as the bankruptcy unfolds.

:?: :?:
I think the original plan of Pantry Pride was so he could write off a loss while making an overall profit. Anything from the original company was probably liquidated a long time ago…what were you expecting?
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Re: Revlon Files For Bankruptcy

Post by veteran+ »

The Food Fair Empire was vast, diversified, multi-national and clandestine or concealed.

Perhaps Ron kept some of the more obscure assets around?

Just curious............................ 🤷‍♂️
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