Essence Magazine:
By Jasmine Browley ·Updated September 1, 2023
Black consumers make up 11.1% of total spending toward beauty products and shell out $6.6 billion in the sector, but black-founded brands only own 2.5% of the industry’s revenue market share.
Danika Berry wants everyone to know about this disparity.
The publicist and founder of wellness-based body care brand Glam Body launched National Black Beauty Founders Day (Aug 30), an initiative aimed at raising awareness
This post first appeared in Essence Magazine. Read the original article.