8. IMAN Cosmetics
AFRICANGLOBE – In America, the cosmetics industry alone rakes in about $55 billion per year, according toStatistica, an online research and data source. Forbes also reports that globally, the beauty business is at $382 billion. Most people immediately think of Estee Lauder, Revlon, and MAC, but here are 8 Black-owned brands of cosmetic/ makeup products you should know about:
IMAN Cosmetics: this popular brand is owned by supermodel Iman who started her beauty products company in 1994. Designed for African American, Asian, Latina and multi-cultural women, the company markets its products in the U.S., Canada, Europe, Africa and the Caribbean. They can be purchased at Target, Walmart, Walgreens and other national retailers.