Revlon Inc. is getting ready to file for chapter 11 protection as earlier than lengthy as up coming 7 days following struggling to proceed to maintain up with competitiveness from more moderen magnificence makes, people acquainted with the difficulty stated.

Revlon, which has struggled with the increasing attractiveness of recent producers from social-media influencers this type of as Kylie Jenner and plenty of others, narrowly escaped chapter in 2020 as masked-up, caught-at-house patrons reduce once more on make-up and add-ons throughout the pandemic.