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Corporate sales fall 39%...Revlon brand tumble 45%.
August 7, 2020
By: Happi Staff
With color cosmetics out of favor during the pandemic, Revlon's second quarter sales fell 39%, the company said. Q2 sales fell to $347.6 million, but the company said sales would have been flat without the impact of COVID-19. The company said operating loss increased to $58.8 million in the second quarter of 2020, compared to a $9.4 million operating loss during the prior-year period Want some good news? E-commerce net sales increased approximately 58% versus the prior-year period and re...
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