Source page: McKinsey & Company
August 25, 2022
Diversity & Inclusion | Retail
Black beauty brands can face challenges in building their businesses, including finding financial support during various stages of development.
Black beauty brands can face challenges in building their businesses, including finding financial support during various stages of development. Of the 213 venture capital-backed beauty companies in our research, Black brands comprise 9 percent of early-stage and only 4 percent of late-stage venture capital investments.
Chart family: Scatter Plot · Scatter Plot Customization
To read the article, see “Black representation in the beauty industry,” June 10, 2022.
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