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Toni Braxton ’s beauty enterprise has received support to foster continued growth. According to a press release, the Grammy Award-winning singer will join forces with Accelerate360 to propel the expansion of TMB Beauty’s brain children which include vegan skincare line Nude Sugar, debut fragrance BREATHE, and onboarding beauty lines.
Today, beauty giant L’Oréal USA announced the launch of its new Inclusive Beauty Fund, a grant program created in partnership with the nation’s largest civil rights organization, the NAACP. According to a press release, this inaugural round of funding will award 30 one-time only grants valued at $10,000 to selected small Black-owned businesses, entrepreneurs, and professional services that span all areas of the U.S. beauty industry. As a result of the devastating impact from the COVID-19 pandemic, small businesses all over America faced the wrath of economic fallout, with Black-owned businesses being hit the hardest of them all. To combat this, L’Oréal USA decided to team up with the NAACP to identify the most promising Black-owned small businesses and entrepreneurs in the beauty industry greatly in need of investments. “As the leading beauty company in the United States, we believe that we have a responsibility to invest in the small business owners and entrepreneurs who are the...
The beauty industry has taken a huge hit since government officials have ordered all non-essential businesses across the country to close to combat the COVID-19 outbreak. Hair salons and nail salons have halted their services to the public leaving many of them without income and business altogether. Both beauty professionals and the public were quickly hit with the reality that social distancing leaves many without beauty care and others without jobs. However, beauty app Cherie is showing their dedication to the beauty community by providing funding through the Future Beauty Fund Initiative for small beauty businesses and local beauty professionals based in Los Angeles. View this post on Instagram A post shared by cherie (@cherie) “Our vision with Cherie is to build a community around beauty lovers. Like every industry, our community has been affected by COVID-19 and we just want to play our part in supporting them during this difficult time,” said Kelly Chen, co-founder of Cherie....