Company News, Financial News

Forma Brands Is Out of Bankruptcy and Has New CEO

With new investor group, Cliff Moskowitz, former CEO of Outdoor Voices, takes lead role in the beauty company’s c-suite.

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By: Christine Esposito

Editor-in-Chief

Forma Brands, LLC has completed the previously announced sale of substantially all of the company's assets to an investor group and the emergence of company operations from the restructuring process. The company filed for bankruptcy in late 2022. Brand under its umbrella at that time included Morphe, Lipstick Queen and Ariana Grande's R.E.M. Beauty. Grande earlier this year acquired the rights to her brand, as reported by Happi. In addition to Jefferies Finance LLC, funds managed...

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