Morphe, parent company file for Chapter 11 bankruptcy

Forma Brands LLC, the parent company of makeup retailer Morphe LLC, filed Jan. 12 for bankruptcy in Delaware with plans for lenders including Jefferies Finance LLC and Cerberus Capital Management to take it over. The Pacoima, California-based company listed assets and liabilities of at least $500 million each in court papers. The Chapter 11 filing […] The post Morphe, parent company file for Chapter 11 bankruptcy appeared first on Digital Commerce 360.