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The singer launched r.e.m. beauty with Morphe owner Forma Brands in November 2021.
February 3, 2023
By: Lianna Albrizio
Associate Editor
According to a court filing, Ariana Grande has reached an agreement to purchase assets tied to her REM Beauty brand from Forma Brands in a deal that is valued at approximately $15 million. This news comes weeks after Forma Brands, which also owns Morphe cosmetics, filed for Chapter 11 Bankruptcy in the US Bankruptcy Court for the District of Delaware. Before it can move forward, the deal requires approval from the judge overseeing the bankruptcy case in Delaware. Fo...
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