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  • March 2021 (Revised January 2022)
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Revlon: Surviving Covid-19

By: Kristin Mugford and Sarah Gulick
  • Format:Print
  • | Language:English
  • | Pages:29
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Abstract

In October 2020, Revlon faced a crossroads. While it had been struggling with high levels of debt before COVID-19, the pandemic had caused it to go further into debt. Unlike other financial crises, many consumers had stopped buying skincare or cosmetics, and sales of Revlon products had fallen. Now, a series of bonds maturing in February 2021 loomed, and Revlon faced a series of options on how to renegotiate its debts with its creditors.

Keywords

COVID-19 Pandemic; Leveraged Buyouts; Insolvency and Bankruptcy; Financial Liquidity; Bonds; Corporate Finance; Borrowing and Debt; Beauty and Cosmetics Industry; Financial Services Industry; United States

Citation

Mugford, Kristin, and Sarah Gulick. "Revlon: Surviving Covid-19." Harvard Business School Case 221-084, March 2021. (Revised January 2022.)
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About The Author

Kristin W. Mugford

Finance
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Related Work

    • April 2021
    • Faculty Research

    Exercise for Revlon: Surviving Covid-19

    By: Kristin Mugford and Sarah Gulick
    • March 2021 (Revised January 2022)
    • Faculty Research

    Revlon: Surviving Covid-19

    By: Kristin Mugford and Sarah Gulick
Related Work
  • Exercise for Revlon: Surviving Covid-19 By: Kristin Mugford and Sarah Gulick
  • Revlon: Surviving Covid-19 By: Kristin Mugford and Sarah Gulick
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