A judge has said Citigroup is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon, in what he called "a banking error of perhaps unprecedented nature and magnitude."
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145 published items with the word (s) or phrase Revlon in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge")
Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge -
![]( "Citigroup heads to trial seeking to undo nearly $900 million Revlon blunder")
Citigroup heads to trial seeking to undo nearly $900 million Revlon blunderCitigroup Inc is heading to trial on Wednesday, hoping to convince a Manhattan federal judge to undo a nearly $900 million blunder where it used its own money to repay lenders of Revlon Inc.
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![]( "Revlon appoints new chief marketing officer")
Revlon appoints new chief marketing officerThe New York-based beauty group announced on Monday that it has appointed company veteran Martine Williamson as its new chief marketing officer, effective immediately.
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![]( "Revlon avoids bankruptcy, reports 20% decline in sales")
Revlon avoids bankruptcy, reports 20% decline in salesThe New York-based cosmetics company announced on Thursday that it no longer expects to make a filing for Chapter 11 bankruptcy, thanks to a last-minute debt deal, and also reported a 20.1% decrease in Q3 revenues.
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![]( "Tory Burch names Thibault Villet president for APAC.")
Tory Burch names Thibault Villet president for APAC.As it seeks to expand its presence in the region, the American luxury fashion label has appointed Thibault Villet as its new president for Asia-Pacific, effective December 28.
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![]( "In China, Perfect Diary gives cosmetics world a makeover with live streams, low prices")
In China, Perfect Diary gives cosmetics world a makeover with live streams, low pricesWith chat groups, video streams and low prices for foundation, China's Perfect Diary has emerged from nowhere four years ago to become a cosmetics giant for the digital age.
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![]( "Chanel, Revlon, L'Oreal pivoting away from talc in some products")
Chanel, Revlon, L'Oreal pivoting away from talc in some productsChanel, Revlon and L'Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as U.S. cancer lawsuits and consumer concerns mount.
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![]( "Revlon sales drop 18% as Covid-19 takes its toll")
Revlon sales drop 18% as Covid-19 takes its tollThe NYC-based cosmetics conglomerate announced an 18.1% decline in its first-quarter revenues on Monday, as store closures related to the Covid-19 pandemic left a significant dent in the company’s sales.
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![]( "Revlon reportedly launching refinancing plan")
Revlon reportedly launching refinancing planRevlon is reportedly launching a refinancing plan thanks to a $1.8 billion debt package from lenders, according to a source with knowledge of the deal.
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![]( "Revlon re-enters China market, names Jessica Jung as newest global brand ambassador")
Revlon re-enters China market, names Jessica Jung as newest global brand ambassadorSet to launch on Tmall, the Revlon Inc-owned cosmetics brand is gearing up to wield the power of celebrity as it re-enters the market, while its parent company continues to struggle with financial instability.