Fire destroys substantial portion of Revlon's Venezuela facility; company evaluating extent of damage, impact on business in Latin American region

Andrew Rogers

Andrew Rogers

NEW YORK , June 6, 2011 (press release) – Revlon, Inc. (NYSE:REV) announced that earlier today a fire destroyed a substantial portion of its facility in Venezuela. At this time, the Company is evaluating the extent of the damage and the impact on its business in the Latin America region. The Company also stated that the facility was not operating today and no employees were on site during the fire.

During 2010, the Company's subsidiary in Venezuela had net sales of approximately 3% of the Company's consolidated net sales and its total assets were approximately 3% of the Company's total assets. The Company's net sales in Venezuela are comprised of locally manufactured product as well as product imported from its Oxford, North Carolina facility.

About Revlon

Revlon is a global color cosmetics, hair color, beauty tools, fragrances, skincare, anti-perspirant deodorants and beauty care products company whose vision is Glamour, Excitement and Innovation through high-quality products at affordable prices. Revlon(R) is one of the strongest consumer brand franchises in the world. Revlon's global brand portfolio includes Revlon(R) color cosmetics, Almay(R) color cosmetics, Revlon ColorSilk(R) hair color, Revlon(R) beauty tools, Charlie(R) fragrances, Mitchum(R) anti-perspirant deodorants, and Ultima II(R) and Gatineau(R) skincare. Websites featuring current product and promotional information can be reached at, and Corporate and investor relations information can be accessed at

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.


About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.