NEW YORK (AP) — When Debra Perelman took over as Revlon’s first woman CEO in its 89-year history in 2018, the global beauty company was already facing big challenges.
The publicly traded company, which is backed by her billionaire father Ron Perelman’s MacAndrews & Forbes Inc., and which also owns iconic brands like Almay and Elizabeth Arden, had been struggling for years. That includes a heavy debt load, changing consumer tastes and intense competition, most recently from celebrity launches like Kylie Jenner-backed Kylie.
The “On-line Magnificence and Private Care Merchandise Market: World Business Traits, Share, Measurement, Progress, Alternative and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s providing. The worldwide on-line magnificence and private care merchandise market reached a worth of US$ 47.8 Billion in 2021. Trying ahead, the writer expects the market to achieve US$ 90.4 Billion […]