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Revlon Loss Widens With Launch of Vital Radiance Line

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By: TOM BRANNA

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Cosmetics maker Revlon Inc.’s second quarter loss widened, due to costs of the launch of its Vital Radiance line targeted at older consumers. Revlon lost $87.1 million for the three months ended June 30 versus a loss of $35.8 million, during the same period a year ago. Revenue edged up 1% to $321.1 million from $318.3 million last year. Revlon said the launch of its Vital Radiance cosmetics line during the quarter cut into results by $40 million. The company affirmed guidance for 2006 earnings ...

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