Revlon Revlon CFO Juan Figuereo retirement in office only once a year to participate in Eliza

Author: sinar Revlon Inc. ( NYSE:REV) Revlon group announced on Tuesday to replace chief financial officer, joined the company only a year, but participated in the Elizabeth Arden Inc. ( RDEN) Elizabeth arden m&a CFO Juan Figuereo will retire, and instead for the group's chief operating officer Chris Peterson. Revlon Inc. Revlon group, says the above effective immediately, the group President and CEO of Fabian Garcia in the statement of Juan Figuereo thanked the acquisition work. Years, Revlon Inc. Revlon group announced in debt. $for Elizabeth Arden Inc. Elizabeth arden, then the group restructuring. After restructuring the Revlon Inc. Revlon group performance, at the beginning of first-quarter results, group shares fell close to %, gen years its biggest one-day drop since the financial crisis. Revlon Inc. Revlon, chief executive of Fabian Garcia in the first quarter earnings blame suffer physical retail analyst meeting after recession hit the United States market business. Quarter consumer sector, last year's acquisition of Elizabeth Arden Elizabeth Arden and the professional sector recorded respectively in North America. %、. % and. % of the sales decline compared to the same. 'Although beauty in China is still a growth industry, where and how consumers to purchase beauty products is evolving,' Fabian Garcia said, 'we are most of the retail partners in passenger flow reduce, stores closed and specialty stores, such as consumers turn to online and beauty products shift'. Group pointed out that in the earnings Revlon Revlon, Almay and SinfulColors main brands while in the United States can maintain the city, but sales are down, and in the case of mass retail spending slowdown in retail inventory, at the same time professional department of products is also has been challenged by a low price competition. Fabian Garcia reiterated group increased investment in brand in the local market and increasing direct purchase way to promote domestic sale of plans. In the first quarter Revlon Inc. Revlon group was recorded. Net sales of $, from a year earlier. $growth. %, fell after adjusted. %。 Three major business performance are not common in the international market, excluding effect rate after the consumer sector and Elizabeth Arden Elizabeth Arden business implementation. % and. % growth, professional departments also increases. %。 Revlon brand especially popular in Japan, Hong Kong and Australia, Elizabeth Arden Elizabeth Arden brand products in the travel retail channels, Hong Kong and Singapore and European perfume sales have improved. To profit, consumer and professional departments of profit decline, respectively. % and. %, mainly involved in North America sales back and gross margin contraction, Elizabeth Arden Elizabeth Arden business thanks and Revlon Inc. The integration of revlon group and jumped. %。 On the whole, the group by turns losses, posted a net profit from the same period last year, thousands of dollars into a net loss, dollars, EPS from. The dollar back to - 。 Dollars, and had two consecutive quarter of losses. Adjusted EPS to - 。 The dollar, and for the same period last year. The dollar. Group did not give a performance in the earnings outlook, Fabian Garcia also only in the analyst meeting said the current 'market trend has no substantial change', suggesting that domestic business overall weakness will continue to put pressure on group performance. Editor: huang rui