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Revlon

Headquarters: 237 Park Avenue
New York, NY 10017
Employees: 5,600
CEO: Alan Ennis
Stock Symbol: REV

Website: http://www.revlon.com

Career Page

Revlon is a world leader in cosmetics, skin care, fragrance and personal care and is a leading cosmetics brand. The company's products are sold in 175 countries and territories. Revlon's brands include Revlon®, Almay®, ColorSilk®, Mitchum®, Charlie®, Gatineau® and Ultima II®.

Revlon has struggled over the past several years but turned a profit in 2008 after several years of losses. In 2008, the company reported revenues of $1.34 billion and net income of $57.9 million.

In May, the company announced a restructuring that will involve consolidating certain functions; reducing layers of management, to increase accountability and effectiveness; streamlining support functions to reflect the new organizational structure; and further consolidating the Company’s office facilities in New Jersey. The organizational restructuring will result in the elimination of approximately 400 positions worldwide, including approximately 325 current employees and approximately 75 open positions.

Billonaire Ronald Perelman has majority ownership of Revlon and is the Chairman of the company.

History

Revlon was founded in 1932, by Charles Revson and his brother Joseph, along with a chemist, Charles Lachman, who contributed the "L" in the REVLON name.

Starting with a single product - a nail enamel unlike any before it - the three founders pooled their meager resources and developed a unique manufacturing process. Using pigments instead of dyes, Revlon was able to offer to woman a rich-looking, opaque nail enamel in a wide variety of shades never before available.

In only six years the company became a multimillion dollar organization, launching what was to become one of the most recognized cosmetics names in America and around the world.

Revlon first went public in Dec. 1955.

In 1985, Revlon was sold to a subsidiary of MacAndrews & Forbes Holdings. In 1987 Almay joined the Revlon lineup.

Revlon became a public company again in 1996.

Updated May 28, 2009

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