Revlon to pull out of China

Published: 2-Jan-2014
Colour Cosmetics Finance

The decision is part of its ongoing restructuring effort

US beauty giant Revlon is to cease operations in the Chinese market as part of its ongoing restructuring effort, Bloomberg reports. In line with this, the company is expected to axe 1,100 positions, including 940 beauty advisers.

While the restructuring will result in about $22m in charges, the company is expected to reduce costs by about $11m a year as a result of the decision.

Last November, Revlon appointed Lorenzo Delpani as its new President and CEO. Delpani joined the company following its recent acquisition of The Colomer Group, where he been serving as CEO since 2007.

See more

You may also like

Fragrance

Revlon to launch first fragrance for sportswear brand Champion

Read more
A deal with Champion’s owner, Authentic Brands Group, will see Revlon release a line of fragrances in 2027, tapping the sportswear brand’s ‘heritage and modern aesthetic’

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    Pinterest's 2026 beauty trend predictions: ‘Glitchy Glam’ and ‘Cool Blue’ set to dominate Naureen Mohammed, Director of CPG at Pinterest UK, unveils the social media platform’s highly-anticipated Pinterest Predicts 2026 report, and breaks down the aesthetics beauty lovers will be tapping into next year in this exclusive column
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Marionnaud pulls out of Poland The retailer is looking to complete the process in Q1 of 2014
  3. Cosmetics Business predicts the top 5 beauty trends of 2026 in new report Resilience is the new watchword in skin and hair care, neuro-beauty turns evidence-based, and male grooming finds its next boom; these are among the trends shaping beauty in 2026
  4. You need to be a subscriber to read this article.
    Click here to find out more.
    Inside the fall of the beauty influencer: Declining trust, GRWM fatigue and more Myriad factors – from decreasing trust, GRWM fatigue and the rise of micro-celebrities and nano-influencers – are placing increased stress on the modern-day beauty influencer. Can content creators continue to carve out a place for themselves within a rapidly evolving beauty space?
  5. Mallows Beauty enters voluntary liquidation with £1.9 million debt The British beauty brand announced last week it had entered into liquidation, with lifestyle brand Skinnydip London stepping in to purchase the intellectual property

Upcoming event

Cosmoprof North America Miami 2026

27-29 January 2026 | Miami, USA See all

You may also like

Fragrance

Revlon to launch first fragrance for sportswear brand Champion

A deal with Champion’s owner, Authentic Brands Group, will see Revlon release a line of fragrances in 2027, tapping the sportswear brand’s ‘heritage and modern aesthetic’
Fragrance

Revlon signs former Estée Lauder exec to lead Elizabeth Arden and fragrance division

Beauty industry veteran Amber Garrison is tasked with leading Elizabeth Arden's ‘next chapter’ and accelerating Revlon group’s fragrance portfolio so it will ‘resonate across generations’
You need to be a subscriber to read this article.
Click here to find out more.
Body Care

Cosmetics Business Picks: 10 delicious collabs blending food and beauty

Beauty gets a flavour upgrade as brands such as Wild, Cosrx, Revlon and Laneige team up with food favourites from mac and cheese lip balms to lollipop-scented deodorants
Ingredients

Meet the winners: Pure Beauty Global Awards 2025

Pure Beauty’s leading international awards ceremony showcased the best in the business, with winners including e.l.f. Beauty, Glow Recipe and Sol de Janeiro
Colour Cosmetics

Revlon Group names retail veteran Michelle Peluso CEO

Peluso joins the company on 4 November from CVS Health and replaces interim CEO Elizabeth Smith
Fragrance

Revlon sues ex-employees for sabotaging Britney Spears fragrance

Four former staffers are accused of stealing trade secrets linked to the licensing deal
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Cosmetics Business Picks: 9 new beauty launches for February

Cosmetics Business rounds up nine new beauty, skin and hair care launches which have caught our eye this week
Subscribe now