Revlon, Inc. has filed for Chapter 11 bankruptcy protection. As reported on Happi.com, the move had been expected for days, if not weeks. In recent years, the company's debt has ballooned to $3 billion as sales declined and losses mounted. Observers blame nimble, indie beauty competitors and a decline in makeup sales during the pandemic.  In a statement, Revlon today said it and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the US Bankr...