NEW YORK (AP) — Revlon filed for Chapter 11 bankruptcy Thursday, weighed down by heavy debt load, disruptions to its supply chain and surging costs. The one-time cosmetics juggernaut owns iconic brands like Almay and Elizabeth Arden. It was started in 1932 by brothers and Joseph Revson and Charles Lachman who unveiled a Charles revolutionary nail enamel. It began selling lipstick in 1939. Revlon in its heyday throughout much of the 20th century was the second largest cosmetics company by sales, behind only Avon. Now, it’s number 22.
Here are key milestones in Revlon’s 90-year history.