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Color Cosmetics On the Rise for Revlon

Net sales jump 9% for 2008 with product rollouts

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By: TOM BRANNA

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Revlon, Inc. posted favorable results for the year ended Dec. 31, 2008. Net sales increased 9% to $1.3 billion compared to the year prior.  According to the company, higher net sales of color cosmetics were offset by lower net sales of beauty care and unfavorable foreign currency fluctuations. Commenting on the  announcement, Revlon President and Chief Executive Officer David Kennedy said, “During the year, net sales growth in Revlon brand color cosmetics, which was driven by strong new produ...

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