On the evening of March 16th, Eastern Time in the United States, the veteran American cosmetics giant Revlon announced its financial results for the fourth quarter and full year of the 2022 fiscal year ending in December. The net sales fell by 4.7% year-on-year to $1.9804 billion, of which the net sales in the fourth quarter fell by 4.1% year-on-year to $589.8 million. Meanwhile, Revlon also announced that the company and some of its subsidiaries reached an agreement with creditors in February and will exit bankruptcy protection next month.
On June 15th of last year, Revlon and its s …
