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.

This post first appeared in Essence Magazine. Read the original article.