Business of Fashion
confirmed that Forma was exploring emergency options amid financial insecurity. Reorg Research also estimated the company was roughly $600 to $700 million in debt. Forma isn't the only influencer-driven beauty company experiencing uncertainty at the moment; on Tuesday came news that influencer-led brands Selfless by Hyram and Item Beauty would be exiting their Sephora retail partnerships. Together, these developments signal a shifting tide and a loosening grip in the hold influencer brands once had on the industry as consumers turn to the
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Morphe Parent Company Forma Brands Has Filed for BankruptcyWhat this means for rembeauty, jaclyncosmetics and other influencer lines in the company's portfolio. Morphe
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Parler’s parent company has laid off a majority of its staffThe sudden purge throws Parler’s future into question. Considering the user base dwindles by the day, no surprise. Sounds about right. Twitter is still 1.
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Parler's parent company has laid off most of its employeesParler Technologies, the parent company of conservative social media app Parler, has laid off a majority of its employees.
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Jack Ma Kicked Out of Alibaba Parent CompanyChinese state media hinted over the weekend that Ma is being forced out of Alibaba’s parent company, the Ant Group, so he will have plenty of time to work on his hobbies. He’s being Re-educated. Not much different than what some of the Left believes about anti COVID vaccination here in this country I expect he will be leaving China then? Is it me or does his head look like a alien
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Uniqlo’s Parent Company to Increase Employee Wages in Japan by as Much as 40 PercentWhile more store employees across the globe are calling for higher wages, Fast Retailing Co. Ltd. is joining the fray and will remunerate all employees in Japan based on their ambition, talents and contribution to the business.
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