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Agenda-setting intelligence, analysis and advice for the global fashion community.

Amid Black Beauty Brand Closures, Glossier Ups Financial Support

Two of the brand’s previous grantees — The Established and Ceylon — which each received a $50,000 infusion from Glossier just years ago, are closing their businesses due to a rough financial climate. With fresh injections of capital, the beauty label is hoping it can help others avoid the same fate.
Glossier grant
Black-owned beauty brands that once participated in Glossier's grant programme. (Glossier)

Two weeks ago, Roya Shariat,

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Further Reading

How to Raise Money as a Black Beauty Brand

Black founders carry a markedly higher burden when it comes to educating investors on the value and viability of their business ideas — but there is an art and science behind knowing when your brand is ready and what kind of investors will be the best fit.

How to Scale a Black Beauty Brand

Landing a retail partnership is often seen as a major milestone for beauty founders — but it brings a bevy of new challenges, from the logistical complexities to setting a marketing budget. Black entrepreneurs, who typically have far less capital to work with, often face tough choices.

About the author
Sheena Butler-Young
Sheena Butler-Young

Sheena Butler-Young is Senior Correspondent at The Business of Fashion. She is based in New York and covers workplace, talent and issues surrounding diversity and inclusion.

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