, their assets will be acquired by investors, and they will be getting about $33 million in financing from that group. As part of the sale, the company has entered Chapter 11. “This agreement is a testament to the strength of our brands most meaningful to our consumers, including Morphe and Morphe 2," says Simon Cowell, president of Forma, in the statement.
It is not yet clear what exactly that looks like for Morphe and other brands associated with Forma, but industry sources have toldis working toward finalizing an agreement to take all operations in-house for her beauty brand, r.e.m beauty. Those sources say Forma has never had an ownership stake in r.e.m beauty, but under a licensing agreement has overseen product development, manufacturing, and marketing.
So far Forma's pivot has not been enough. Morphe has shut down its brick-and-mortar retail operations. Wild, the founder of Playa, has exited her brand and
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
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.
Источник: verge - 🏆 94. / 67 Прочитайте больше »
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.
Источник: BGR - 🏆 234. / 63 Прочитайте больше »
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
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »
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.
Источник: wwd - 🏆 24. / 68 Прочитайте больше »
Amazon Warehouse Union Victory Upheld: Here’s What It Means Organizing Efforts Across The CompanyAmazon has said it plans to file an appeal against the National Labor Relations Board’s decision.
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »