Ariana Grande Buys Back Her Personal Beauty Brand With Annual Sales of About $84 Million

2月 09, 2023

American singer Ariana Grande will regain control of her personal vegan beauty brand, r.e.m Beauty.
It has been reported that Grande has signed an agreement with Forma Brands, the brand’s franchiser and a US beauty retailer, to acquire the assets of the brand from the latter. In November 2021, both parties officially launched the r.e.m Beauty brand’s products.
According to a Bloomberg report, the transaction between Grande and Forma Brands involves physical assets of the brand and existing inventory and must be approved by a Delaware court judge. The estimated value of the …