1. HBW Insight
  2. >>Archive

In Brief: Revlon Sale?; P&G/Coty Fragrance Transfer; More

SEC filing affirms Revlon is exploring strategic alternatives; Procter & Gamble will transfer 10 fragrance licenses to Coty. More news in brief.

Revlon Inc. may be on the selling block, according to a Jan. 14 SEC filing from shareholder Ronald Perelman. The exec, who controls 77.6% of Revlon through investment firm MacAndrews & Forbes, says he is exploring “strategic alternatives involving the company.” The move comes roughly a year after CEO Lorenzo Delpani announced the firm would be scaling back its portfolio to place resources behind products with the most promise and re-strategizing to focus on “fewer, bigger, better innovations” capable of winning market share. At the time, Revlon and Almay were losing market share in the face, lip and nail categories and lagging behind overall category growth ([A#02141201003]).

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Archive

More from HBW Insight

US Tariffs Pose ‘Existential Threat’ To EU Medical Devices Industry

 
• By David Ridley

AESGP, MedTech Europe and other associations representing medtech companies including manufacturers of self-care devices call for such products to be included in European Commission proposals for “zero-for-zero” trade in industrial goods between Europe and the US.

US Fragrance Firms Should Identify Domestic, Non-Tariff Sources Now – Fragrance House CEO

Firms in the US facing tariff costs should identify US-based, non-tariff sources and lobby local government officials and DC when foreign-sourced ingredients cannot be substituted in the US.

Trump Order To Improve Making More Drugs Available OTC Puts Wind Behind Petros’ ACNU Sails

 
• By Malcolm Spicer

Petros will incorporate into its platform an analytics firm’s automated document capture and authentication system leveraging its global ID library to verify identity and eligibility of consumers accessing the self-selection process for an ACNU switch.