revlon

Today In Retail: Revlon’s Net Sales Fall 10.4 Pct; Kohl’s Introduces New FLX Private-Label Brand

Today In Retail: Revlon’s Net Sales Fall 10.4 Pct; Kohl’s Introduces New FLX Private-Label Brand
Today In Retail: Revlon’s Net Sales Fall 10.4 Pct; Kohl’s Introduces New FLX Private-Label Brand
March 11, 2021  |  Retail

In today’s top retail news, Revlon, Inc. reported that its net sales dropped by 10.4 percent in the fourth quarter of 2020, while Kohl’s has...

READ MORE >
Revlon’s Net Sales Drop 10.4 Pct Amid Pandemic
Revlon’s Net Sales Drop 10.4 Pct Amid Pandemic
March 11, 2021  |  Retail

Revlon, Inc. reported as part of its financial results that as reported net sales dropped 10.4 percent in the fourth quarter of 2020 from the...

READ MORE >
Citi Loses Suit To Recoup $500 Million In Mistakenly Transferred Funds
Citi Loses Suit To Recoup $500 Million In Mistakenly Transferred Funds
February 16, 2021  |  Legal & Regulation

Citigroup’s erroneous sending of a half-billion dollars to Revlon lenders can’t be recouped, U.S. District Judge Jesse Furman in New York ruled on Tuesday (Feb....

READ MORE >
Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
Citi’s $900 Million Mistaken Payment Case Might Be In Wrong Court
December 03, 2020  |  Legal & Regulation

The ongoing case of Citigroup‘s accidental $900 million payment to Revlon creditors may now have to be thrown out of court due to a mistake...

READ MORE >
Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
November 26, 2020  |  Legal & Regulation

Financial services trade groups are on Citigroup‘s side in the case of the $900 million the bank accidentally sent to creditors last August, Bloomberg reported...

READ MORE >
Revlon Creditors Ask Judge To Allow Expert On Citi’s $900M Error
Revlon Creditors Ask Judge To Allow Expert On Citi’s $900M Error
September 16, 2020  |  Legal & Regulation

Several Revlon creditors want to enlist an expert to share his opinion on whether they should have known that a $900 million payout from Citigroup...

READ MORE >
Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
September 07, 2020  |  Legal & Regulation

In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year...

READ MORE >
Report: Citigroup’s $900M Error Was Caused By Software Installation
Report: Citigroup’s $900M Error Was Caused By Software Installation
August 26, 2020  |  Banking

Citigroup Inc. has discovered obsolete software caused a nearly $1 billion problem earlier this month. Get the Full Story Complete the form to unlock this...

READ MORE >