OPTIONS – Page 2 – Beautifaire

8 Dec

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2 Nov

Birchbox Said to Be Weighing Options, Including Bankruptcy –

by Beautifaire101

Beauty, Featured

Birchbox Birchbox is weighing its options, including Chapter 11 bankruptcy, sources have told WWD. In a letter to creditors sent Tuesday, Birchbox’s parent company FemTec Health, which acquired the business last 12 months, said those owed money from Birchbox could opt into shares of FemTec as a substitute. “We consider, in the perfect interests of Birchbox and the whole FMTC family of corporations spanning the U.S. and Europe, a Chapter 11 or some equivalent structure could also be crucial,” the letter read. Birchbox was founded in 2010 by Katia Beauchamp and Hayley Barna as the unique beauty subscription box service, but the corporate has struggled lately. The letter said that Birchbox’s revenue projections dropped from $74 million to $47 million, even following a $30...

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14 Oct

Morphe Owner Forma Brands Said Considering Options, Including Bankruptcy

by Beautifaire101

Beauty, Featured

Forma Brands, the parent company of Morphe, Lipstick Queen and Jaclyn Hill’s Jaclyn Cosmetics, is considering filing for Chapter 11 bankruptcy, sources confirmed. People acquainted with the method told WWD that such a move is into account, but stressed that nothing is for certain and that other options are on the table, including out of court agreements with creditors. A spokesperson for Forma said: “Forma Brands is engaged in constructive discussions with our financial stakeholders regarding ways to strengthen the corporate financially and enable us to bolster our deal with the opportunities we see ahead for our brands. We're excited concerning the products we are going to proceed to bring to our customers.” Majority owner, private equity firm General Atlantic, declined to comment. The...

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24 Aug

PROOF HE’S EXPLORING HIS OPTIONS!

by Beautifaire101

What's The Tea

PROOF HE’S EXPLORING HIS OPTIONS! - Get FREE access to 'Secrets to Make Evolved Men Crave You' Master Class’ here???????????????? ???????? https://secretstoevolvedmen.com/freeclass ...

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