cocomama
Well-Known Member
http://officialblackwallstreet.com/black-owned-beauty-supply-stores/
For decades, the hair care industry in the Black community has been dominated by Asian entrepreneurs and larger corporations like Strength of Nature and L’Oréal. Both brands have had a strong hold on the “ethnic” beauty market especially after acquiring numerous brands from Motions to Softsheen-Carson. That is, until the natural hair movement gained momentum and brought about a wave of Black entrepreneurs looking to reclaim the Billion dollar industry. With African Americans purchasing nine times more (repeat: NINE TIMES MORE) beauty and grooming products than any other ethnic group, yet owning less than 1% of that market share, it’s only right that there is a major shift in ownership from hair care products to the beauty supply stores notoriously owned by Asians. In an effort to support the growing number of Black-Owned Beauty Supply stores, we’ve rounded up 50 that you should be supporting around the country. Don’t forget to click on each photo for more info and if you know of any others that should be added to the list, comment below.
For decades, the hair care industry in the Black community has been dominated by Asian entrepreneurs and larger corporations like Strength of Nature and L’Oréal. Both brands have had a strong hold on the “ethnic” beauty market especially after acquiring numerous brands from Motions to Softsheen-Carson. That is, until the natural hair movement gained momentum and brought about a wave of Black entrepreneurs looking to reclaim the Billion dollar industry. With African Americans purchasing nine times more (repeat: NINE TIMES MORE) beauty and grooming products than any other ethnic group, yet owning less than 1% of that market share, it’s only right that there is a major shift in ownership from hair care products to the beauty supply stores notoriously owned by Asians. In an effort to support the growing number of Black-Owned Beauty Supply stores, we’ve rounded up 50 that you should be supporting around the country. Don’t forget to click on each photo for more info and if you know of any others that should be added to the list, comment below.
