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Beauty Industry

Revlon Posts First Quarter Decrease for 2008

Net sales dropped 2.5% in report

Revlon, Inc. announced its results for the first quarter ended March 31, 2008.

For the 1Q, net sales decreased 2.5% to $320.4 million, compared to $328.6 million in 2007.

For the second half of 2008, the company plans to introduce an extensive lineup of new Revlon and Almay color cosmetics.

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