After a period of instability and supply chain challenges, Revlon has filed for chapter 11 bankruptcy in the United States. For the ninety-year-old beauty giant, the filing represents a final lifeline, as it attempts to rectify debt with creditors by borrowing over $370million. There are lessons to be learned from others’ supply chain failures.
Prological’s founder and Managing Director, Peter Jones, wrote this latest feature on the journey of Revlon for Inside Retail magazine.
To find out more about Prological’s approach to supply chain strategy and the importance of sales and operations planning, click here.