Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Revlon Leaves China, Cuts 1,100 Jobs - Beauty Packaging

What are you searching for?

Sign in
Beauty Industry, Mergers and Acquisitions

Revlon Leaves China, Cuts 1,100 Jobs

The beauty company is taking cost-cutting measures.

Author Image

By: Jamie Matusow

Editor-in-Chief

Revlon has said it is leaving China – and will be cutting 1,100 jobs in an effort to cut costs. Most of the jobs will be in China, and include 940 beauty advisors.

Revlon said in a filing that its Chinese operations accounted for about 2 percent of total net sales. The company posted net sales of $1.43 billion in 2012.

Revlon’s sales in China declined in 2012, a trend that continued into the first half of this year. The company, which entered the market in 1996, has attributed the fall to declining consumption linked to a slowdown in Chinese economic growth.

Add us as a preferred source on Google

Get the latest Beauty Packaging news, insights and analysis in your Google Search and AI experiences.

Add Beauty Packaging as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters