10 African American Entrepreneurs in the Black Hair Care Business
By R. Asmerom and De’Juan Galloway of The Atlanta Post
It’s no secret: the black hair care industry is big business. Very big business. According to marketing research company Mintel, sales of black hair care products in 2008 exceeded $165 million. Although a third of those sales went to corporate conglomerates like L’Oreal and Alberto Culver, who own many ethnic product lines from Soft-Sheen Carson to Mizani, there are still many independent African-American players in the hair product game.
From old businesses like S-Curl manufacturer Luster Inc. to new product lines like Kimble Hair Care Systems, black entrepreneurs are thriving. Here, we included a list of 10 independently, black owned businesses that continue to fuel the ever-evolving market for black hair care products.