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Revlon Announces Cost-Cutting Plan; CoverGirl’s Flagship Store; More Cosmetics News In Brief

This article was originally published in The Rose Sheet

Executive Summary

Revlon responds to continued net losses with a cost-cutting plan, which will include headcount reductions; Coty is optimistic that CoverGirl momentum, including the launch of a flagship store in Times Square, will help buoy its struggling Consumer Beauty business. Meanwhile, L’Oreal/La Roche-Posay introduces a wearable UV sensor, and IFF-LMR promotes its vegan-certified natural extracts.

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