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Revlon Inc

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  • Wednesday, 15 February, 2023
    News in-depthCapital markets
    $50bn credit fund caught on both sides of distressed debt dispute

    Angelo Gordon’s positions differ in contested Revlon and Serta Simmons bankruptcies

  • Wednesday, 28 December, 2022
    LexBankruptcy
    Financial trends: chapter and verse on resurgent US bankruptcy Premium content

    Disputes between lender groups about priority and collateral claims are best resolved via bankruptcy proceedings

  • Monday, 19 December, 2022
    Ron Perelman’s Revlon stake to be wiped out in bankruptcy settlement

    Senior creditors to take ownership of tycoon’s indebted cosmetics company under restructuring plan

  • Thursday, 8 September, 2022
    Citigroup Inc
    Citigroup wins appeal over $500mn it sent by mistake

    Wall Street bank challenged hedge funds that received repayment from Revlon loan in 2020

  • Wednesday, 24 August, 2022
    Due Diligence
    How Biden’s trustbusters plan to target private equity Premium content

    Plus, Revlon shareholders prepare for a fight and a court battle exposes tensions in the distressed debt sector

  • Tuesday, 23 August, 2022
    News in-depth
    Revlon bankruptcy becomes a fight over memes

    Minority shareholders push for seat at courthouse table, insisting furious rally is sign of group’s true value

  • Monday, 27 June, 2022
    Lex
    Revlon/meme stocks: continued speculation hints that bear market is not over Premium content

    Retail traders hoping to have snagged the next Hertz risk being disappointed

  • Sunday, 26 June, 2022
    Personal & Household Goods
    How the beauty industry left Revlon behind

    Well-known mass-market brands are no longer enough in an industry shaped by independents and influencers

  • Thursday, 23 June, 2022
    Revlon is a meme stock (but almost certainly worthless)

    Redditors meet the Absolute Priority Rule.

  • Tuesday, 21 June, 2022
    Due Diligence
    The real winner from China’s IPO crackdown Premium content

    Plus, Citi’s loan fiasco complicates Revlon’s bankruptcy proceedings and the bipartisan ire mounting on Disney

  • Monday, 20 June, 2022
    News in-depth
    Revlon bankruptcy complicated by Citi’s $900mn error

    Data entry mistake in 2020 leads to infighting among creditors of indebted US cosmetics group

  • Thursday, 16 June, 2022
    Lex
    Revlon: Chapter 11 marks end of easy money era for US financiers Premium content

    Cosmetics group can no longer put a brave face on liquidity and leverage problems

  • Thursday, 16 June, 2022
    Revlon files for bankruptcy after supply chain woes and competition struggles

    US cosmetics group majority owned by billionaire Ron Perelman vows to ‘unlock full potential’ of its brands

  • Saturday, 27 February, 2021
    Citigroup Inc
    Revlon error forces Citigroup to slash profits by $323m

    Bank restates fourth-quarter earnings after losing bid to recover funds sent out by mistake

  • Wednesday, 17 February, 2021
    Due Diligence
    Hedge funds vs Citigroup: finder’s keepers Premium content

    Unpacking the surprising court victory in the battle for the bank’s accidentally wired $900m

  • Thursday, 12 November, 2020
    Revlon staves off bankruptcy after clinching last-minute debt deal

    Billionaires Ron Perelman and Carl Icahn end duel over bond exchange

  • Thursday, 27 August, 2020
    Citigroup Inc
    Citi’s $900m payment blunder was culmination of months of drama

    Hedge funds were furious over a financing deal for Revlon but then the bank accidentally wired them millions

  • Tuesday, 18 August, 2020
    Citigroup Inc
    Citigroup sues hedge fund after mistakenly wiring $175m

    Brigade Capital accused of keeping money sent in error and threatening ‘trust in the banking system’

  • Wednesday, 23 May, 2018
    fastFT
    Revlon appoints first female CEO in 86-year history

    Chief operating officer Debra Perelman promoted to top job

  • Thursday, 15 June, 2017
    US & Canadian companies
    Avon chief Sheri McCoy to step down

    Cosmetics company’s shares have dropped more than 80% since 2012

  • Friday, 3 March, 2017
    Personal & Household Goods
    Revlon blemished by weak North American sales
  • Tuesday, 17 January, 2017
    Personal & Household Goods
    Revlon shares perk up after outlining new structure
  • Friday, 17 June, 2016
    US equities
    Wall Street endures second straight weekly loss

    Technology and healthcare sectors decline while energy stocks gain on higher oil price

  • Thursday, 7 April, 2016
    News in-depthUS & Canadian companies
    Changing face of cosmetics alters $63bn US beauty market

    Specialist chains and online groups gain ground on traditional retailers

  • Monday, 28 March, 2016
    US & Canadian companies
    Revlon names Colgate-Palmolive’s Fabian Garcia as new chief

    Shares in cosmetics group drop as speculation of a sale fades

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