The beauty company said net sales slipped to $347.6 million in the second quarter.
The beauty company said net sales slipped to $347.6 million in the second quarter, compared to $570.2 million in the prior-year period. Revlon said in a statement that it believed without the impacts of COVID-19, sales would have been flat year-over-year.
Sales for the Revlon brand dropped from $135 million for the quarter, down 45 percent year-over-year. Elizabeth Arden sales were down 30 percent, to $81 million, and the portfolio segment dipped 24 percent, to $89 million. Fragrance was the hardest hit segment, with sales down 47 percent year-over-year to $43 million.
E-commerce was a bright spot in the quarter. Sales were up 58 percent over the prior-year period, and represented about 18 percent of total quarter net sales, the company said. Elizabeth Arden’s web site doubled sales in the quarter, the company said. China also grew 56 percent in the quarter, thanks to online sales and Elizabeth Arden.
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