Mon, Aug 16|
The Business of Beauty
Join us for an in-depth discussion on how these reputable and top-performing entrepreneurs developed highly sought after brands and revenue generating business ventures.
Time & Location
Aug 16, 2021, 7:00 PM – 9:00 PM
About the Event
"African-Americans spend $1.2 trillion each year, and that number is projected to rise to $1.5 trillion by 2021. In 2018 the Black hair care industry raked in an estimated $2.51 billion, as Black consumers have progressively made the switch from general products to those that specifically cater to them. In 2017 African-Americans captured 86 percent of the ethnic beauty market, accounting for $54 million of the $63 million spent, Nielsen reported. In 2017 we also spent $127 million on grooming aids and $465 million on skincare."
-- Tamara Holmes, Essence