Busted Beauty: Giants Show Some Slow Down
Revlon, Ulta Beauty and Sephora All Show Declines
Ruh roh. Blaming (i) a migration of consumers to specialty beauty retailers, (ii) ecomm, (iii) store closures, (iv) inventory reductions among mass retail partners, and (v) inventory rebalancing, Revlon Inc. ($REV) reported dogsh*t numbers this past week with EBITDA numbers posting nearly 49% below analys…