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WATCH-Black-Beauty-Supply-Is-a-Billion-Dollar-Industry-but-Black-Only-Own-a-Small-Percentage-of-the-Businesses.jpg

The Black beauty supply industry rakes in billions of dollars every year, but African Americans only own a fraction of the businesses within in industry. According to the Beauty Supply Institute, the beauty supply industry generates $15 billion per year, 96% of the customers are Black and less than 3% of ownership within the industry is Black.

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Source: Black America Web | NewsOne Now

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