Revlon is said to be evaluating the extent of the damage and the impact on its business within the Latin American region; the company has stated that the fire destroyed a substantial portion of its facility.
The company has also stated that the facility was not operating on Sunday and therefore, no employees were on site during the fire.
As a subsidiary of Revlon, net sales in Venezuela in 2010 accounted for approximately three percent of its total net sales; furthermore, the Venezuelan facility’s total assets made up three percent of the company’s total assets.