A Public Safety officer keeps watch as people stand in front of a billboard owned by Revlon that takes their pictures and displays them in Times Square in the Manhattan borough of New York October 13, 2015. REUTERS/Carlo Allegri
June 16(Reuters) - Revlon Inc (REV.N) filed for Chapter 11 bankruptcy protection late on Wednesday as the debt-laden cosmetics company struggled to take on rising competition from celebrity-backed startups in recent years. read more
Revlon, which was founded in 1932 as a nail paint maker, is controlled by billionaire Ron Perelman's MacAndrews & Forbes and counts celebrities Gal Gadot and Megan Thee Stallion among its brand ambassadors.
Here's a timeline of Revlon's journey from a cosmetics giant to a debt-ridden firm:
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