Ron Perelman: Celebs Rumors

Video: Advent Raises $25B for Private Equity Fund (Bloomberg)Gulf Central Banks partially Follow FedPost-Fed, ECB Effect, BOE Expectations: 3-Minute MLIVDefinitely Want to Be Selling Into This Market: ApabhaiCathay Pacific Plans Hiring SpreeRobeco's Chow on Bond MarketsJPMorgan AM's Cheong on Market OutlookL'Oreal CEO on Tech in Beauty & Risks of RecessionCredit Suisse WM's Argyrou on Fed Decision, BondsFund Lobby Urges Hong Kong to Drop Quarantine MeasuresYen Angst Gauge Remains HighFranklin Templeton Investments CEO on M&A ActivityKKR's Freise on Inflation, Central Banks, Private EquityMark Carney on Central Banks, Rate Hikes, Net ZeroFed's Forecasts 'Remarkably Optimistic': William DudleyFed Raises Rates and Signals Another Hike Is ComingStanley: Fed Would Like to See Soft Landing“Today’s filing will allow Revlon to offer our consumers the iconic products we have delivered for decades, while providing a clearer path for our future growth,” said Debra Perelman, who was named Revlon president and CEO in 2018. Her father, billionaire Ron Perelman, backs the company through MacAndrews & Forbes, which acquired the business through a hostile takeover in the late 1980s.

Perelman Performing Arts Center was officially unveiled Wednesday, setting the stage for the World Trade Center’s newest and final public element, 22 years after the Sept. 11 terror attacks.Gov.

Tonight’s Oscar telecast featured a sincere (at least at first) black-and-white tribute to a film industry luminary named Otto Desć.

Revlon has gone bust amid rising debts, supply chain chaos and fierce competition from younger rivals. The 90-year-old cosmetics giant behind Elizabeth Arden and Gatineau filed for bankruptcy in the US yesterday. It follows years of struggle for the New York-based business, renowned for supermodel campaigns featuring diverse, famous and new models including Iman, Claudia Schiffer, Cindy Crawford and Christy Turlington.

Cosmetics company Revlon, has filed for Chapter 11 bankruptcy protection - weighed down by rising debts, global supply chain disruptions and new rivals. The firm has been a fixture on beauty shelves for 90 years but has struggled in recent years with mounting debt, rising competition and failure to keep pace with changing beauty standards. The firm said that upon court approval, it expects to receive 575 million US dollars (£467 million) in financing from its existing lenders, which will allow it to keep its day-to-day operations running.