One World Holdings, parent company for The One World Doll Project, a company that creates a line of multicultural dolls, has taken the business public, trading under the symbol “OWOO.”
The company is led by CEO Joanne Melton, who worked at JP Morgan Chase between 1998 and 2002, becoming the first black manager of Commercial Loans Services and then the first black senior manager. Stacey McBride-Irby, SVP of product development, is a former project designer at Mattel, responsible for the So In Style line of African-American dolls, sorority Barbie, which celebrated the centennial of Alpha Kappa Alpha, and a black Barbie in the 1980s.
The company website describes the One World Doll Project as such:
THE ONE WORLD DOLL PROJECT promises to make one of the most significant positive cultural impacts on play and in the doll category in recent history. Our beautiful dolls and unique works of art are the beginning of a revolution in play, ready for a market yearning for something unique to its experience – a doll that both embraces contemporary girls of color and symbolizes who they can become.
Will you be buying a One World Doll? Or shares of its stock?