The 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