I hope this becomes a trend.
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Woke cosmetic company Revlon files for bankruptcy.
- Thread starter WHO IS SERAFIN
- Start date
As usual, you make a mountain out of a molehill of business....
www.bbc.com
Cosmetics maker Revlon files for bankruptcy in US
The 90-year-old firm says supply chain disruptions have driven up the cost of raw materials.
www.bbc.com
As usual, you make a mountain out of a molehill of business....
Cosmetics maker Revlon files for bankruptcy in US
The 90-year-old firm says supply chain disruptions have driven up the cost of raw materials.
Yeah, I don’t think so, I know a lot of women like my wife who won’t touch their makeup or buy from Victoria secrets which the stocks have plummeted
You didn't even read it, did you?
Oh I read it and it’s making it out that the supply chain is what brought them down and it’s not true.
Quote: The company's flagship Revlon segment didn't fare much better, recording a sales decline of 6% to $229.1 million,
Sales declines were particularly notable in the company’s fragrance segment, where they fell 16% from $108.8 million in Q1 2017 to $91.4 million.
Revlon’s portfolio segment, which includes brands such as Almay, Cutex and American Crew, also saw sales fall 8.3% from $146.6 million to $134.5 million.
Tell that to every other company that uses the same supply chain lines.....
But yet those cosmetic companies aren’t going bankrupt, hmmmmmmmmmm!
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