Revlon appears to be going into bankruptcy yet again. We believe this is at least the second but could be wrong about that. Quite a few cosmetic companies have struggled in recent years. But it appears they may have options ready for a quick out. Revlon has been negotiating with creditors recently and there appears to be buyout interest as well albeit from a foreign conglomerate. Reliance Industries in India is rumored to be interested. However if this company is going to finally turn around, especially under new ownership or leadership it needs to be someone like Authentic Brands group (ABG). They know how to turn things around just look at what they are doing with the Sports Illustrated brand. It's amazing!
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