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Eyeshadow palettes, silk pillow cases, and the all-essential toothpaste: 23 Black-owned beauty brands to know now

Eyeshadow palettes, silk pillow cases, and the all-essential toothpaste: 23 Black-owned beauty brands to know now

Now, more than ever, it is important to assess the realities of inclusion or lack thereof in the beauty industry; a recent report by McKinsey Institute noted that in the US alone, Black cosmetic brands raise a median of $13 million in venture capital, substantially less than the $20 million that non-Black brands raise. Yet today, the median revenue of those Black brands is 89 times higher than what non-Black beauty brands return over the same period. Essentially, Black beauty consumers and brands face deep challenges when it comes to equity.

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