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Fire Damages Revlon Facility in Venezuela

No employees hurt; firm assessing impact on Latin American business.

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By: TOM BRANNA

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Revlon, Inc. said a fire yesterday destroyed a substantial portion of its facility in Venezuela. The company said it is evaluating the extent of the damage and the impact on its business in the Latin America region. The facility was not operating and no employees were on site during the fire. During 2010, Revlon’s subsidiary in Venezuela had net sales of approximately 3% of the company’s consolidated net sales and its total assets were approximately 3% of the company’s total assets. Revlon...

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