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13 Oct

Black Woman-Owned Brand ‘Hyper Skin’ Strikes Major Distribution Deal

Black Woman-Owned Brand ‘Hyper Skin’ Strikes Major Distribution Deal
They are saying that Black don’t crack. Due to a latest deal, that’s going to be truer than ever. Hyper Skin, a wildly popular skincare brand, recently announced they’ve struck a cope with Sephora, debuting products in greater than 250+ nationwide. The brand’s founder, Desiree Verdejo shared she’s humbled by the feat. “We're so thrilled to have officially launched in 250 Sephora stores across the country,” Verdejo said in an announcement shared with Essence. “My goal with Hyper Skin has all the time been to fulfill our consumers where they're, so being a component of the Next Big Thing curation at Sephora can be a catalyst for becoming much more accessible to our community.” The brand focuses on inclusive...
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15 Sep

Jay-Z Makes Major Investment In Beauty Brand

Jay-Z Makes Major Investment In Beauty Brand
Jay Z is joining his wife in the style and wonder investor space.  ESSENCE recently reported that Beyonce joined Rihanna and others as an investor in a French women’s apparel brand—now it has been reported that Jay-Z is backing premier beauty brand Madison Reed in an investment totaling $33 million, in keeping with Bloomberg.  Led by Sandbridge Capital and Jay-Z firm Marcy Enterprise Partners, the investment totaled nearly $220 million. Madison Reed plans to make use of the funding to assist launch a Hair Color Bar expansion and retail locations resembling Ulta and Ulta Beauty at Goal. Moreover, the brand goals to expand its development for Madison-Reed.com and Amazon.com.  “Our business is the epitome of omnichannel, customers know our brand, they see the identical...
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