Forma Brands, the parent company of influencer-hyped beauty brands including Morphe and Lipstick Queen, filed for Chapter 11 bankruptcy Thursday. The company said it had agreed to be sold to a group of its lenders, including Jeffries and Cerberus. The filing is the latest sign of trouble for the once red-hot company. Forma announced on Jan. 5 that it would close its Morphe stores in the U.S....
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Apple’s Learning Curve: How Headset’s Design Caused Production Challenges
If Apple unveils its long-awaited mixed-reality headset next week as expected, it will represent the company’s riskiest gamble on a new product since the iPhone. It will also test the company’s prowess in design and manufacturing like nothing before. The headset is the most complicated hardware product Apple has ever created due to its unconventional curved shape, thinness and...
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