• <a fr-original-style="" href="https://www.ft.com/content/65370f08-2378-4da0-83c7-05bf9c519750" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Revlon</a>, a 90-year-old American cosmetics giant, filed for Chapter 11 bankruptcy protection due to crippling debt and mounting celebrity competition such as Kylie Jenner's Kylie Cosmetics and Rihanna's Fenty Beauty.<img src="https://images.aposto.com/2022/5/4/1655387418251.jpeg" style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="2.05" width="550" alt="Audrey Hepburn putting on Revlon products in Breakfast at Tiffany's" fr-original-style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">Paramount Pictures <ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">By the numbers: The company, which had long-term debt of $3.31 billion as of the end of March said it expects to receive $575 million in debtor-in-possession financing from its existing lender base, which will help to support its day-to-day operations.</li></ul>

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