8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20579

                          ----------------------------

                                    FORM 8-K
                                 CURRENT REPORT

                          ----------------------------

                     Pursuant to Section 13 or 15(d) of the
                  Securities Exchange Act of 1934, as amended

      Date of Report (Date of earliest event reported): December 10, 1998


                                  Revlon, Inc.
             (Exact Name of Registrant as Specified in its Charter)


   Delaware                         1-11178                     13-3662955

(State or Other                   (Commission                (I.R.S. Employer
Jurisdiction of                   File Number)              Identification No.)
Incorporation)

                               625 Madison Avenue
                            New York, New York 10022
          (Address of principal executive offices, including zip code)

       Registrant's telephone number, including area code: (212) 527-4000

                                 Not Applicable
         (Former name or former address, if changed since last report)



ITEM 5.  OTHER EVENTS

         Revlon, Inc. (the "Company") announced on December 11, 1998 that its
subsidiary, Revlon Consumer Products Corporation ("Revlon"), disposed of its
entire equity interest in The Cosmetic Center, Inc. ("Cosmetic Center"),
comprised of 8,479,335 shares of Cosmetic Center Class C Common Stock, along
with certain amounts due from Cosmetic Center to Revlon for working capital and
inventory, to a newly formed limited partnership which is controlled by York
Management Services, Inc., in return for a limited partnership interest. In
connection with the completion of Revlon's disposal of Cosmetic Center (which
is treated by the Company as a discontinued operation) the Company will record
a loss on disposal in the fourth quarter of 1998 of approximately $33 million
in addition to the charge of $15 million recorded in the second quarter of
1998.

         Attached as Exhibit 99.1 hereto and incorporated by reference is the
press release, dated December 11, 1998, that announced the disposition of 
Revlon's entire equity interest in Cosmetic Center.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
         AND EXHIBITS

         The following exhibit is filed as part of this report:

EXHIBIT NO.

99.1     Press release dated December 11, 1998 of the Company.



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.

                                       REVLON, INC.


Dated:  December 11, 1998

                                       By: /s/ Robert K. Kretzman
                                          --------------------------------
                                          Name:  Robert K. Kretzman
                                          Title: Senior Vice President and
                                                 Deputy General Counsel

EX-99.1

                        REVLON COMPLETES DISPOSITION OF
                          INTEREST IN COSMETIC CENTER


         NEW YORK, December 11, 1998 - Revlon, Inc. (NYSE:REV) today announced
that its subsidiary, Revlon Consumer Products Corporation, has completed the
disposition of its entire equity interest in The Cosmetic Center, Inc.
(NASDAQ:COSC). "The transaction announced today will complete our previously
announced strategy to withdraw from operating retail stores. We can now focus
exclusively on strengthening and expanding our core businesses and brands,"
said George Fellows, Revlon's President and Chief Executive Officer.

         Revlon disposed of its 8,479,335 shares of Cosmetic Center Class C
Common Stock, along with certain amounts due from Cosmetic Center to Revlon for
working capital and inventory, to a newly formed limited partnership which is
controlled by York Management Services, Inc., in return for a limited
partnership interest. In connection with the completion of its disposal of
Cosmetic Center (which is treated by Revlon as a discontinued operation) Revlon
will record a loss on disposal in the fourth quarter of 1998 of approximately
$33 million in addition to the charge of $15 million recorded in the second
quarter of 1998.

         Revlon is a worldwide leader in cosmetics, skin care, fragrance,
personal care and professional products. The Company's vision is to provide
glamour, excitement and innovation through quality products at affordable
prices. A website featuring current product and promotional information can be
reached at http://www.revlon.com. Revlon's brands include Revlon(R),
ColorStay(R), Revlon Age Defying, Almay(R), Ultima II(R), Charlie(R), Flex(R)
and Creme of Nature(R) and are sold in approximately 175 countries and
territories.

                                      ###

Contact Information

For Media:
Walter Montgomery
(212)484-6721

For Investors:
Deena Fishman
(212)527-5230