Editor
Forma Brands, the beauty incubator behind Morphe, Jaclyn Cosmetics and Ariana Grande’s R.E.M. Beauty, has filed for Chapter 11 bankruptcy protection in Delaware, one week after announcing Morphe had closed its US stores.
In a court filing, the company said its assets would be acquired by a group of lenders: Jefferies Finance LLC, Cerberus Capital Management LP and FB Intermediate Holdings LLC. Forma also secured about $33 million from…
