Revlon reportedly files for Chapter 11 bankruptcy
By: Natasha Archary Cosmetic giant Revlon is reportedly preparing to file for Chapter 11 bankruptcy. After 90-years in the beauty industry, the American-based global company has reported huge losses which will make it difficult to recover from. A decline in sales, plummeting stocks and low market-demand will see the company declaring bankruptcy in the next few weeks. According to reports, Revlon stocks dropped by more than 46% on Friday, 10 […]