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Black owned beauty supply store is aiming to diversify market


Black owned beauty supply store aims to diversify market
Despite the beauty supply industry making $50 billion last year, African Americans surprisingly only own three percent of that market.
Author: Jade Jackson
Updated: 10:30 PM CDT April 28, 2021
LITTLE ROCK, Ark Professor Devin Robinson is the founder of Beauty Supply Institute out of Georgia. He states that last year in the U.S. alone, the beauty supply business made $50 billion, yet African Americans only own 3% of that market. 
The beauty supply industry is a 96% ethnic market.
The majority of products are catered to African Americans. Despite this, many distributors and store owners are of Asian decent. ....

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