Another Sign of the Explosive Growth in the Nail Industry: Revlon Buys Back Gel Nail Polish Unit

Handshake that is symbolic of deal involving Revlon and CND's parent companyThe game’s afoot in the beauty industry. Cosmetics giant Revlon recently made headlines when it repurchased a division of the company it had sold off a few years ago. Just goes to show that even in a not so hot economy, being beautiful has its benefits.

According to The Wall Street Journal, Revlon is getting back into the nail business – the gel polish nail business. Revlon is buying back the Colomer Group for $660 million dollars…over $300 million more than it sold it for over ten years ago. Continue Reading