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Revlon Restructures Business; Aims To Become $5 Billion Company

January 17, 2017: 12:00 AM EST
Revlon Inc. has reorganized its business structure and operations as part of CEO Fabian Garcia's plans to grow the brand into a $5 billion beauty company in five years. With the company's present total revenue at $3 billion, the restructuring will transform the company into four divisions. Revlon and Elizabeth Arden will be different segments, while fragrances will be a different unit, with the other remaining brands falling under the Portfolio division.
Allison Collins et al., "Revlon Reorganizes to Focus on Its Brands as Stars", Women’s Wear Daily, January 17, 2017, © Penske Media Corporation
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