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THE WHAT? Morphe has introduced that it’s closing all of its US shops for good, in line with a report revealed by Bloomberg.
THE DETAILS The make-up model’s proprietor, Forma Manufacturers can also be rumored to be contemplating submitting for chapter, per Bloomberg quoting an article in Girls’s Put on Each day. Forma declined to touch upon the potential Chapter 11 when approached by Bloomberg.
THE WHY? Forma Manufacturers revealed a press release on its web site revealing that it was closing bricks and mortar areas to higher allow it to deal with e-commerce.
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