Breaking News

Revlon Loss Widens With Launch of Vital Radiance Line

September 8, 2006

Cosmetics maker Revlon Inc.’s second quarter loss widened, due to costs of the launch of its Vital Radiance line targeted at older consumers. Revlon lost $87.1 million for the three months ended June 30 versus a loss of $35.8 million, during the same period a year ago. Revenue edged up 1% to $321.1 million from $318.3 million last year.
Revlon said the launch of its Vital Radiance cosmetics line during the quarter cut into results by $40 million. The company affirmed guidance for 2006 earnings that are even with, or somewhat below, 2005 earnings before interest, taxes, depreciation and amortization of $167 million. The 2006 forecast includes a $10 million restructuring charge related to Vital Radiance.
blog comments powered by Disqus
  • Start Stuffing The Ballot Box (Again)!

    Start Stuffing The Ballot Box (Again)!

    June 28, 2016
    Vote on the finalists in Happi's reader's choice Anti-Aging Product of the Year contest!

  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 27, 2016
    Euromonitor weighs in on how Brexit could impact consumer product companies.

  • The Future of Innovation

    The Future of Innovation

    Nancy Jeffries, Contributing Editor||June 27, 2016
    Fashion Institute of Technology graduate students tackle a far-reaching topic for their Capstone project.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.

  • Shiseido Advances in the US

    Shiseido Advances in the US

    Tom Branna, Editorial Director||June 1, 2016
    New facility in Windsor, NJ demonstrates its dedication to the US and other markets outside Japan.