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Morphe Brand Once Valued at $2 Billion Closing All US Stores

How Morphe Bet Big on the Power of Celebrity Beauty – And Lost

Morphe makeup, which rode the power of social media stars to rapid growth and a $2 billion valuation, said it’s planning to close all its US stores.

On Thursday, the company listed about twenty locations on its website. Forma Brands, Morphe’s parent, didn’t respond to a request for comment. Morphe also sells through its e-commerce site and Ulta Beauty.

Partnerships with powerhouse internet celebs such as Jeffree Star and James Charles…


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