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Net sales increase 8%, mass retail share to 14%
July 17, 2008
By: TOM BRANNA
Editor
Beauty business is looking good at Revlon, Inc. The company reported favorable preliminary results for the second quarter ending June 30, 2008—mostly due to innovative new launches. Net sales increased 8% to $375 million. In the U.S., net sales increased 6% to approximately $215 million. According to the company, the primary driver of the second quarter net sales growth was higher shipments of Revlon color cosmetics, largely due to 2008 new product launches, including initial shipments of our...
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