Revlon Improves

Cosmetic maker ekes out gain in 2014.

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By: TOM BRANNA

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Revlon reported sales rose less than 2% to $1.94 billion last year. The company reported net income of $40.9 million, compared to a net loss of $5.8 million in 2013. During the year, Revlon acquired TCG and delivered the expected synergies and related cost reductions, according to Lorenzo Delpani, president and CEO. “We re-designed our organization and significantly increased our investment to build and support our key brands,” he said in a statement. “We launched our Revlon...

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