On the bright side in North America, the Revlon brand has reclaimed its lead in the US mass lip segment, and both Revlon and Almay are off to strong starts in the fourth quarter, company leadership says. The firm continues to build the international and digital sides of its business in search of sustainable growth outside of Elizabeth Arden.
Revlon Group Inc. is making strong headway in key strategic areas under CEO Debra Perelman, but its heavy exposure in North America weighed on overall third-quarter results in fiscal 2019.
The New York-based firm posted net sales of $596.8m for the quarter, down 7.1% in constant currency, marking a continuation...