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be employee related costs, with the rest from sales markdowns and inventory write offs, the company said on Tuesday.Cosmetics firm Revlon pulling out of China and chopping more than 1000 jobs in costRevlon Inc said it would exit China, where sales of its cosmetics have been falling, and cut more than 1,000 jobs as part of a restructuring designed to save about $11 million a year.Revlon, owner of the Almay cosmetics brand and Sinful Colors nail polish, said in a filing that its Chinese operations accounted for about 2% of total net sales. The company posted net sales of $1.43 billion in 2012.Revlon said it would cut 1,100 positions, primarily in China, including 940 beauty advisers retained through a third party agency. Revlon had 5,100 employees as of Dec. 31, 2012.The company's shares, which have risen nearly 70% this year, fell marginally on the New York Stock Exchange.RelatedRevlon heiress Samantha Perelman battles uncle over share of grandfather's fortuneThe 20 richest supermodels in the worldThe Chinese market is full of potential for Western brands. The Chinese cosmetics market more than doubled in size between 2008 and 2012 to $22.8 billion, according to a report in March by Fung Group that cited the National Bureau of Statistics in China. ()That has been a boon for companies such as high end beauty products maker Estee Lauder Cos Inc, whose sales in Asia last quarter rose 7%, helped mostly by China, where Estee Lauder has expanded to second tier cities more quickly than many other Western beauty brands. companies to see fast growth in China include handbag maker Coach Inc and