Revlon declares in failure

The Wednesday 15 June the company reached his lower values in stock exchange and declared in failure.

01 of July of 2022
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Revlon bancarrota
Revlon bancarrota

The cosmetic American giant Revlon declared the past Wednesday 15 June that finds in failure. The company was founded in New York, in 1932, in full economic crisis ('Crac of the 29' and his back Great Depression), and in 2022, is unable to face up to him a debt that reaches the figure of 3.700 million dollars, what would come to suppose for us some 3.500 million euros.

Revlon Closed the past year with losses of 207 millions, but the previous year, the figure was upper arriving until the 600 millions, and with these negative results so much in 2021, as in 2020, add to the list of years in which the compañia American closes in red numbers his economic exercises.

"The demand of our products by part of the consumers keeps on being strong: the people adores our marks and follow having a position of healthy market. But ours complicated structure of capital has limited our capacity of sortear the problems macroeconómicos to satisfy this demand"  explains a member of the company. The company operates in 150 countries, and his structure of business divides in four sections: Revlon, Elizabeth Burn, Portfolio and Fragances.

The past Friday, the actions fell 53% marking his greater fall in the history. It does so alone 5 days, knew through distinct media that the company was tanteando the option to go in in contest of creditors and walked in the research of a new owner. Since, especuló on the situation in which and found the company, and today has received the Chapter 11 to the bankruptcy law of United States.

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