Revlon was once a beauty industry giant, how did it lose its glow?

Revlon beauty products are seen in a Target store on June 16, 2022 in Houston, Texas. Photo: AFP

Revlon, a cosmetics maker that broke racial barriers and dictated beauty trends for much of the last century, has filed for Chapter 11 bankruptcy protection.

The company has been a mainstay on store shelves since its founding 90 years ago in New York City, overseeing a stable of household names, from Almay to Elizabeth Arden.