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Dec. 27, 2025
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Fragrance and personal care

Path to beauty equity is a $2.6 billion opportunity: McKinsey

June 15, 2022

Black beauty brands have so many opportunities for success in the industry, yet face a multitude of challenges that non-Black brands may not. Image credit: McKinsey

 

By Nora Howe

Supporting Black consumers and beauty brands could lead to greater equity and higher profits across the entire beauty industry, from shoppers and business owners to large retailers and investors.

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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Dior dives into French Riviera with escapist fragrance
  3. Brioni launches anniversary capsule at Bergdorf Goodman
  4. Hermès showcases the surreal for spring campaign
  5. Luxury Unfiltered: Why luxury must evolve from product to purpose to stay relevant
  6. Chanel unleashes ‘From Dream to Reality’
  7. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  8. Luxury Women to Watch 2017
  9. Pratesi continues retail push with new Boston boutique
  10. Subscribe now: Full access to 90,000+ articles, reports, videos and images
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