10:34 AM / Saturday August 8, 2020

4 Oct 2014

African Americans in Philadelphia- Generating Revenue in the Hair Industry

  • Facebook
  • Twitter
October 4, 2014 Category: Stateside Posted by:

“There are African American owned beauty supply businesses that generate millions of dollars in sales annually. As African Americans we need to expand our support of those businesses. We also need to encourage more African American entrepreneurs to enter the hair care and hair products industry and support them.  By pooling resources, cooperative economics, and learning the business with the assistance of seasoned mentors, Africa America entrepreneurs can break into the beauty supply business and become extremely successful.”  

James Yancey Hunter, III, President, Wilhunt Business Solutions 

“The answer to the question “How do we stop Asian retailers from cornering the retail beauty market in the African American community?” is simple. Just stop buying. That one action, fundamentally, will change the direction the dollars are flowing in and out of our community. Just stop buying.”


Meldoria Miles, Supervisor and Senior Instructor, Divine Beauty School of Esther, Philadelphia, PA 

“We need to guide the residents of our community, starting as early as childhood, on how to become great business owners. We need to teach them more about retail businesses to ensure they are extremely prepared to be successful and profitable entrepreneurs.” 

Damon Montgomery, Partner, West Oakland Financial  

“African American women spend more dollars on hair and hair care products than any other group. For example, we purchase 70 percent of hair, hair products and accessories in what is a billion-dollar industry. Opportunities to earn money in these industries remain plentiful. However, the spending habits of African Americans do not adequately reflect the ownership opportunities for black entrepreneurs.” 

Catherine Hicks, Partner, Ultra Hair, Online-Hair Retailer 

  • Facebook
  • Twitter

Leave a Comment

Recent News

Sun Report

Pennsylvania to pay for mail-in ballot postage in election

August 7, 2020

Tweet Share Pin Email ABOVE PHOTO: Mail-in primary election ballots are processed at the Chester County Voter...


Tamar Braxton pays tribute to boyfriend for ‘saving my life’

August 7, 2020

Tweet Share Pin Email ABOVE PHOTO: Tamar Braxton (Photo: Jamie Lamor Thompson / Shutterstock) ASSOCIATED PRESS LOS...


Oprah buys 26 billboards in Louisville, KY demanding justice for Breonna Taylor

August 8, 2020

Tweet Share Pin Email LOUISVILLE, Ky. (AP) — First, Oprah Winfrey put Breonna Taylor on the cover...

Color Of Money

How do you prepare for the future when life is so uncertain now?

August 7, 2020

Tweet Share Pin Email BPT As the ongoing coronavirus pandemic continues to present health and economic challenges,...


I thought shingles was an old person’s disease: What everyone 50+, needs to know about this disease

August 7, 2020

Tweet Share Pin Email BPT Father, business owner and Rhode Island native Steve B. was forced to...

Go With The-Flo

Michael B. Jordan has teamed up with Color of Change to launch the #ChangeHollywood initiative

August 7, 2020

Tweet Share Pin Email ABOVE PHOTO: Michael B. Jordan  (Photo: BAKOUNINE / Shutterstock) By Florence Anthony A...

The Philadelphia Sunday Sun Staff