Inside Revlon's comeback after bankruptcy

Inside Revlon's comeback after bankruptcy

In the world of cosmetics, few companies are as well-known as Revlon. Founded in 1932, Revlon continues to be a significant force in the ever-changing world of cosmetics. However, the company has seen its ups and downs in recent decades. The cosmetics industry has evolved into one heavily driven by celebrities like Kylie Jenner and popular names on TikTok's social platform. At the same time, Revlon’s 2016 acquisition of Elizabeth Arden saddled it with so much debt that it entered bankruptcy in 2022. The company emerged from bankruptcy in 2023 with far less debt and a more streamlined business. Enter Revlon CEO Michelle Peluso. The former CVS Health (CVS) and IBM (IBM) exec — and current Nike (NKE) board member — joined Revlon in late 2024 to take the company into its next chapter. Yahoo Finance Executive Editor Brian Sozzi sits down on the Opening Bid Unfiltered podcast with Revlon CEO Michelle Peluso to see what she is working on and the outlook for the cosmetics business. Yahoo Finance's Opening Bid Unfiltered brings you a high-octane take on the freshest analyst calls, wildest stock moves, and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor, before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid Unfiltered at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Please email us at yfpodcasts@yahooinc.com. Yahoo Finance's Opening Bid Unfiltered is hosted by Brian Sozzi and produced by Langston Sessoms. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Inside Amazon’s alleged toxic culture and its race to be a $10 trillion giant

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If there has been any constant down the aisles of supermarkets and on the racks at clothing stores, it’s inflation. While inflation has started to cool down, the reality is that prices for stuff conti...

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The Fortune 500 is one of the oldest lists published in the financial media space. The first Fortune 500 was published in May 1955, and was based on annual revenue figures. The top ten companies on th...

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BONUS: What car does Ford CEO Jim Farley actually drive?

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For some people, their job is just that. But for Ford CEO Jim Farley, his job is his whole world. A car guy through-and-through, he spends as much time on cars personally as he does professionally; wh...

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Ford CEO on EVs, Detroit and texting Elon Musk

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After 120 years we've seen a lot of competition’ says Ford CEO Jim Farley to Yahoo Finance Executive Editor Brian Sozzi in the grand hall of the newly refurbished Michigan Central Station. The histori...

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Warren Buffett’s son Howard Buffett discusses $800M aid efforts to Ukraine

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