Revlon has filed for bankruptcy

 Revlon is an American multinational company dealing in cosmetics, skin care, fragrance, and personal care, their makeup brushes are not bad. The 90-year-old firm says it has also been struggling with supplier payments, inflation and labour shortages, listing assets and liabilities of between US$1 billion and US$10 billion in a court filing, some vendors will suffer losses without doubt.
 There are three factors affect supply chain this year, the COVID-19 pandemic, the Russia-Ukraine conflict and lockdowns in Shanghai. Most of companies(exporters and importers) are facing serious challenges, Revlon is just one of an unfortunate company, BH and Youngblood cosmetcs already filed for bankcruptcy a few months ago.
 Fay, as 12 years professional makeup brush manufacturer, will continure to support our regular customers with competitive price and prompt delivery time.
More details please view below links.
//www.reuters.com/business/retail-consumer/revlon-files-bankruptcy-protection-2022-06-16/
//www.globalcosmeticsnews.com/revlon-files-for-bankruptcy-following-mounting-debts-%ef%bf%bc/