Click here to read the full article. Despite the commitments companies across industries have made in recent years with regard to diversity, equity and inclusion, meaningful change that supports Black beauty brands, Black beauty founders and the experiences of Black beauty consumers remains a largely untapped market. A recent report by the McKinsey Institute for Black Economic Mobility has found that addressing racial inequity in beauty is a $2.6 billion opportunity. More from WWD Eye Candy: Inside the 2022 Fragrance Foundation Awards Inside Mecca Brands’ New Sydney Flagship The New Clean Crew The report spotlights the barriers facing Black beauty founders and employees, from entry level to the C-suite, as well as friction points inhibiting the experiences of Black beauty shoppers. The McKinsey Institute for Black Economic Mobility conducted more than 7,400 surveys among Black beauty consumers, as well as a virtual focus group of 110 Black consumers in the U.S. about their spending habits, satisfaction with current beauty offerings<\/p>\n","protected":false},"excerpt":{"rendered":"
Click here to read the full article. Despite the commitments companies across industries have made in recent years with regard to diversity, equity and inclusion, meaningful change that supports Black<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[109,1],"tags":[151,153,6,55],"class_list":["post-23786","post","type-post","status-publish","format-standard","hentry","category-beauty-fashion","category-news","tag-beauty-fashion","tag-fashion","tag-lifestyle","tag-society"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/23786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=23786"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/23786\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=23786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=23786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=23786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}