School uniform can be a costly affair for families, especially with more than one child to clothe.
16.06.2022 - 22:43 / msn.com
Cosmetics company Revlon, has filed for Chapter 11 bankruptcy protection - weighed down by rising debts, global supply chain disruptions and new rivals. The firm has been a fixture on beauty shelves for 90 years but has struggled in recent years with mounting debt, rising competition and failure to keep pace with changing beauty standards. The firm said that upon court approval, it expects to receive 575 million US dollars (£467 million) in financing from its existing lenders, which will allow it to keep its day-to-day operations running.
The company avoided bankruptcy in late 2020 by persuading enough bondholders to extend its maturing debt. Debra Perelman, who was named Revlon president and CEO in 2018, said: “Today’s filing will allow Revlon to offer our consumers the iconic products we have delivered for decades, while providing a clearer path for our future growth. " She said demand for its products remain strong, but its “challenging capital structure” offered limited ability to navigate macro-economic issues.
Her father, billionaire Ron Perelman, backs the company through MacAndrews & Forbes, which acquired the business through a hostile takeover in the late 1980s. Revlon went public in 1996. In recent months, Revlon has experienced industry-wide supply chain challenges and higher costs that are challenging companies worldwide.
It said in March that logistical issues hurt its ability to meet customer orders and it was stymied by rising prices on key ingredients and persistent labour shortages. None of Revlon’s international operating subsidiaries are included in the proceedings except for Canada and the United Kingdom. The filing was made in the US Bankruptcy Court for the Southern District of New York.
School uniform can be a costly affair for families, especially with more than one child to clothe.
Kim Kardashian’s happiness after launching a new skincare line. The reality tv personality and founder of SKKN By Kim is being accused of “willful infringement” by Beauty Concepts, a Brooklyn-based cosmetics company.According to the paper obtained by ET, Beauty Concepts claims they have used the brand name SKKN+ since August 2018. After getting in touch with Kardashian and the French-American multinational beauty company Coty, none of the involved “cease and desist but, to the contrary, upon information and belief, willfully and deliberately chose to proceed with their plans to use the SKKN and SKKN BY KIM brand in total disregard of Beauty Concepts’ superior trademark rights.”Kardashian’s lawyer, Michael Rhodes, denied the allegations.
A man paid a ‘third party’ £1,000 to take his driving theory test for him because he ‘struggled heavily’ with English. Wael Al-Ghasiba, 37, had been approached by the man who offered to take the test after he had previously failed.
Actor David Harbour has received critical acclaim for his role as Jim Hopper in Netflix's sci-fi series Stranger Things. The 47-year-old bagged a Critics' Choice Television Award as well as Emmy and Golden Globe nominations for his portrayal of the chief of police-turned-guardian.
EXCLUSIVE: Jamie Lee Curtis and Blumhouse are developing Lizzie Johnson’s book Paradise: One Town’s Struggle To Survive an American Wildfire, as a feature film. They will also take stories of bus driver Kevin McKay and school teacher Mary Ludwig who helped navigate a bus full of children through a deadly wildfire to fully develop the story. Described as a tour de force, the book is the definitive firsthand account of California’s Camp Fire, the nation’s deadliest wildfire in a century and examines what went wrong and how to avert future tragedies as the climate crisis unfolds.
Reginald Ponder Hailing from India by way of Brooklyn, filmmaker Urvashi Pathania had to learn to get comfortable with uncomfortable conversations — starting at home. As a child immigrant, Pathania had to adapt to a new culture and new ways of existing that didn’t quite mesh with her parents’ upbringing. “I was always bringing these American ideas home and having to talk to them about how I was experiencing life versus how they grew up,” she says. By the time her short film project “Beasts” was selected for Indeed’s Rising Voices program, the producer-director was already well-versed in tackling challenging subjects in a way that brings people together. “I think I found a way to tell tough stories, but in a way that doesn’t alienate people,” says Pathania. While Pathania had to navigate various personal and cultural minefields over the course of her life, her career path has always been clear and direct. She entered her first film festival when she was just seven years old; once she discovered the power of film to inspire and educate, she pursued this path with a fierce intentionality. “One of the reasons I love being a filmmaker is because I get to dive really deep into whatever project I’m working on and immerse myself in different communities and see how different people live in the world,” says Pathania.
Revlon has gone bust amid rising debts, supply chain chaos and fierce competition from younger rivals. The 90-year-old cosmetics giant behind Elizabeth Arden and Gatineau filed for bankruptcy in the US yesterday. It follows years of struggle for the New York-based business, renowned for supermodel campaigns featuring diverse, famous and new models including Iman, Claudia Schiffer, Cindy Crawford and Christy Turlington.
Boohoo's sales in the UK have fallen for the first time as it struggled to keep shoppers spending during its latest financial period.
Bradley Cooper has spoken out about “feeling lost” during his addictions to drugs and alcohol two decades ago, before making “major breakthroughs” and becoming a father. The 47 year old welcomed his daughter Lea in 2017 with his then-partner Irina Shayk and has since gone on to become one of Hollywood’s most successful leading actors. Bradley candidly discussed his experience struggling with addiction in his late twenties as he appeared on the Smartless podcast with hosts Jason Bateman, Sean Hayes and Will Arnett.
Lidl have announced that a number of their products will feature a 'Good To Give' label, which has been introduced to help those who are finding it hard to pay for their food.
Lisa Kennedy Irish Catholic police officer Bill Coughlin believes in the right thing enough to attempt to do it, when in 1974, he is assigned to protect Black children being bused to a high school in South Boston. We know of his public service bent because of what happens when he apprehends a shoplifter outside a Black-owned food market early in the well-meaning, if wrong-headed feature “The Walk,” starring Justin Chatwin as Coughlin. He cuts the guy a break, even though the mart’s owner isn’t nearly as sympathetic.