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haircare

Published on
3 mins read

Pressed Roots Secures Millions, Expands Salons Specializing in Textured Hair

Pressed Roots

Frustrated by a lack of haircare options catering to highly textured hair, Piersten Gaines founded Pressed Roots in 2020.

This visionary salon chain specializes in caring for and styling coils and kinks, offering a transformative experience that goes beyond haircuts and styling.

Inspired by her own journey and a deep understanding of the challenges faced by those with natural hair, Gaines has built Pressed Roots into a thriving business, breaking barriers in venture capital funding and spearheading a movement of empowerment and education within the beauty industry.

Pressed Roots

Strategic Growth and Investment

In the early days after Pressed Roots’ launch, she successfully raised approximately $500,000 in investment capital. This initial boost allowed her to lay a solid foundation for her burgeoning business.

A year later, in 2021, Gaines’ visionary approach and the salon’s growing reputation attracted an additional $2.5 million in investment. This influx of capital was instrumental in expanding Pressed Roots’ reach and enhancing its service offerings.

Breaking Barriers in Venture Capital

The road to success has not been without its challenges. In 2023, the venture capital landscape was particularly tough for Black entrepreneurs, with funding dropping to a mere 0.13 percent of total capital invested. Undeterred, Gaines persevered and achieved a significant victory by raising $3.1 million.

This round of funding included investors such as Slauson & Co and RevTech Ventures, as well as high-profile figures like Naomi Osaka, Howard Schultz, and Meg Whitman.

Financial Success and Expansion

The financial trajectory of Pressed Roots has been equally impressive. By 2022, the company was booking more than $2 million in annual revenue.

This figure rose to $3.5 million the following year, reflecting the growing demand for Pressed Roots’ services and the salon’s reputation for excellence.

As of March, Pressed Roots operated three stores, with plans underway to open a fourth location. This expansion is a testament to the salon’s popularity and the effectiveness of Gaines’ strategic growth plan.

Pressed Roots

Community and Education

Beyond its services, Pressed Roots is committed to community building and education. The salon regularly hosts workshops and events to educate clients on natural hair care, fostering a sense of community and empowerment among its clientele.

The Future of Pressed Roots

With Piersten Gaines at the helm, Pressed Roots is poised for continued growth and innovation. Her unwavering commitment to excellence and her strategic vision have positioned the salon as a leader in the beauty industry.

As Pressed Roots expands its footprint and continues to break new ground, it remains dedicated to its core mission: celebrating and caring for natural hair with expertise and passion.

by Tony O. Lawson

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4 mins read

CurlMix Launches Crowdfunding Campaign After Achieving $32M in Revenue

CurlMix specializes in products for curly, kinky, and coily hair. The brand produces a variety of shampoos, conditioners, gels, and styling creams that are designed to hydrate, define, and hold curls.

With an impressive track record of success, including a recent expansion into 460 Ulta Beauty stores and a substantial increase in revenue from $13 million to $32 million in just two years, CurlMix is setting new standards for innovation and inclusivity.

Now, as the brand gears up for further growth, they’ve announced a crowdfunding campaign, showcasing their dedication to democratizing investment opportunities and empowering their community.

In this interview, we delve deeper into the brand’s journey with CEO and Co-Founder Kim Lewis, exploring the inspiration behind CurlMix, its unique offerings, and its vision for the future of the beauty industry.

curlmix

What inspired you to create CurlMix?

Creating CurlMix was born out of my personal frustration with the lack of clean, natural hair care products specifically tailored to curly hair. I wanted something that not only addressed the unique needs of textured hair but also upheld high standards in terms of ingredients. This frustration led me to experiment with creating my own formulations, and that’s how CurlMix came to life. I wanted to know EXACTLY what was in my products.

How has the brand evolved since its appearance on Shark Tank? What milestones have been particularly significant?

CurlMix has reached new heights in terms of availability and manufacturing capabilities. We’re excited to announce that CurlMix is now available in 460 Ulta Beauty doors, bringing our clean and natural hair care products to even more individuals seeking high-quality solutions for their curly hair.

Furthermore, our commitment to excellence extends to our own 30,000 sqft manufacturing facility. This facility not only ensures the production of top-notch products but also allows us to maintain strict quality control standards, reinforcing our dedication to clean beauty.

Looking ahead, CurlMix is set to push the boundaries of innovation in the hair care industry. We have ambitious plans to explore the biotech haircare space, leveraging cutting-edge advancements to revolutionize the way we approach hair care. Our commitment to staying at the forefront of industry trends includes venturing into color innovation, offering our customers exciting and groundbreaking options for expressing themselves through their curls.

Where do you envision your business in the next few years, both in terms of products and its role within the beauty industry?

This expansion into Ulta Beauty’s doors, coupled with our state-of-the-art manufacturing facility and ventures into biotech and color innovation, solidify CurlMix as a trailblazer in the beauty industry. We are not only meeting the needs of our community but also setting the stage for the future of clean and innovative hair care.

Looking back, is there anything you wish you’d known before starting CurlMix that might be valuable for others venturing into a similar space?

It’s okay to grow slowly. It’s that simple.

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Published on
3 mins read

Loclicious, a Black Owned Natural Haircare Brand Inspired by a Personal Setback

Loclicious

Loclicious is a Black owned natural haircare brand that creates all-natural haircare products for locs, loose naturals, and all hair types.

Black Owned Natural Haircare
Kabi Mickens, founder of Loclicious

In her teens and early twenties, Kabi, the founder of Loclicious, often used relaxers. As a result, she got bald spots on her scalp and could only wear her hair in certain styles to hide them.

She decided to go natural in 2008 after she got pregnant with her first child. Although she was no longer using relaxers, she realized that many of the products that claim to be for natural hair were anything but “natural”.

“As a loc’d sister, I saw that the loc community was underserved in their options. I found that the existing haircare product options were full of harmful chemicals and poor-quality ingredients that at best leave unwanted residue in locs and at worst can severely damage locs/hair.

As a result, it can be very overwhelming and stressful for women who want to start their loc or natural hair journey. I saw a need in the loc and natural hair community, so Loclicious.”

Black Owned Natural Haircare

How do Loclicious products differ from others on the market?

Loclicious Haircare promises a high-quality product for modern men and women of color. Our products are FREE from Parabens, Phthalates, Sulfates, PEGs, Mineral Oils, and other toxic chemicals. Our products are lightweight, water-based and will not leave residue that causes buildup.

Black Owned Natural Haircare

What are some business accomplishments you’re most proud of so far?

Loclicious was initially only available via our website www.loclicious.com. However, as of September 2022, Loclicous products are now also available on Amazon.com.

What advice or tips for others interested in starting a haircare business?

There is a lot to consider when starting a haircare product line. However, the first question to ask yourself is… what business model do you want to go with?

You can decide to self-manufacture products in a private label model (like we did) or you can choose to do a white-label model where you purchase premade products in bulk and brand them with your business name.  Both models have pros and cons but you should choose the model that works best for your business.

What are your future goals?

We look forward to getting our products into retailers like Walmart, Target and Sally Beauty in 2023.

 

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1 min read

Scotch Porter CEO Discusses Growing the Largest Black Owned Men’s Grooming Brand

Scotch Porter

Scotch Porter is a New Jersey-based company that makes handcrafted, vegan, and all-natural men’s grooming products.

The company’s mission is “To provide healthier, multi-purpose beard, hair, and face care products that are highly effective and easy to use.” 

Within the first 12 months of operation, Scotch Porter generated more than a million dollars in sales and has been growing rapidly ever since with distribution in major retailers such as Target and Walmart.

In this interview, Calvin Quallis, Scotch Porter’s founder and CEO, shares:

  • How his entrepreneurial relatives inspired him to start Scotch Porter
  • The secrets behind his company’s growth
  • How he plans to use a recent $11 million investment
  • Some of his personal wellness practices
  • The mission behind the Scotch Porter Impact Fund
  • Advice for entrepreneurs who want to scale their businesses

 

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1 min read

Raised $11 Million to Develop and Launch Celeb-led Brands

a-frame brands

In this Black Executive Spotlight, we’re speaking with Martin Ekechukwu, Chief Strategy Officer at A-Frame brands.

A-Frame Brands is a Los Angeles-based holding company developing a portfolio of discreet, talent-led sustainable personal care brands.

In March, A-Frame announced an $11.2 million funding round led by Forerunner Ventures and Initialized Capital, to help it create and grow more brands.

Their current portfolio includes Kinlò, Naomi Osaka’s suncare line for melanin-rich skin, Gabrielle Union and Dwyane Wade’s baby line Proudly, and a skincare brand from John Legend in the works.

In this episode Martin shares:

  • His thoughts on the difference between an influencer and a celebrity.
  • The reasons why an influencer or celeb-owned brand launch may not be successful.
  • The keys behind a successful product launch.
  • Advice for those with a following and plans to launch their own product.

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4 mins read

3 Ways To Create A Salon That Caters To Those With Natural Hair

natural hair

Could you imagine walking into just any salon off the street without an appointment to get your hair done as someone with textured hair? For most of us, the answer is probably no. 

You already know as someone with natural hair that chances are, most stylists at salons don’t know how to care for your hair. Being turned away by a receptionist isn’t something anyone wants or should have to experience. So you would think that by now, cosmetology schools and hair salon owners properly trained all hairstylists to style textured hair—which 65% of the U.S. population has, by the way. 

natural hair

Unfortunately, while salons continue to exclude those of us with kinky, coily, or curly hair from their list of services, they miss out on serving a significant portion of their communities. It’s past time that licensed professionals stopped treating textured hair as a special interest and, instead, more like an expected area of expertise.

And this change can start from the top down with hair salon owners to create a more textured hair inclusive experience for the millions of women who’d just like to get their hair done. 

Train new stylists the right way. 

When hairstylists join a new salon team, they typically must complete additional training programs designed by the salon owner. Clearly, most training programs include little emphasis on natural hair, but salon owners can change that. Plus, that training doesn’t have to be limited to just the stylists, either. 

Owners should train their receptionists, assistants, and anyone who comes into contact with clients on natural hair services and verbiage for consultations. Though cosmetology school education is limited when it comes to textured hair, hair salon owners can make up for it by ensuring their trainees have adequate practice with models with curly hair types. 

natural hair

Bring in the experts. 

If hair salon owners know little about natural hair themselves, this doesn’t have to be the reason they don’t train stylists to be better. Many professional stylists provide workshops and textured hair academies to teach students how to style natural hair, so call in backup.

Virtual education has blown up recently, too, because of in-person restrictions. So it’s definitely worth it for salon owners to discover easily accessible online programs on textured hair to help set their salon up for success. 

natural hair

Use your voices. 

If something’s wrong with the standard cosmetology school curriculum and exam (there is), then hair salon owners and stylists alike can rally to fix the problem. They can sign petitions and mandates that advocate for states and cosmetology schools to update their exams and curriculum to include texture hair education. 

Hair salon owners should feel pressure to own up to their responsibility of creating more diverse and inclusive spaces for women with all hair types to receive quality service.

In 2021, people with natural or textured hair shouldn’t have to search high and low to find an experienced stylist—understanding and knowing how to do textured hair should just be the norm.

 

Written by Reese Williams

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Published on
7 mins read

Scotch Porter CEO Discusses Keys to Creating A Multi Million Dollar Personal Grooming Brand

Scotch Porter

New Jersey based Scotch Porter is one of the most popular and successful brands in the world of men’s grooming.  Founder and CEO, Calvin Quallis started the company in 2015 and named the line after his favorite drink (scotch) and his favorite musician (Gregory Porter).

Within the first 12 months of operation, Scotch Porter generated more than a million dollars in sales and has been growing rapidly ever since with distribution in major retailers such as Target and Walmart.

We caught up with Calvin to find out more about the company and his keys to success.

Scotch Porter
Scotch Porter founder, Calvin Quallis

What inspired you to start your business?

I’ve always been passionate about solving problems. My passion for helping men to feel their best was born out of observation and my firsthand experience as a barbershop owner and a kid in my mom’s beauty/barbershop.

There I watched my mom and the other stylists transform the customers that walked into the shop. The customers would walk out as a different person. The barbers and stylists had this unique ability to help people feel better about themselves. That experience really stuck with me.

Also, when I owned my own barbershop, a lot of men would complain about grooming issues like dry, brittle and thin hair. So, I went home and began experimenting from the kitchen of my home, with natural ingredients, to alleviate their concerns and Scotch Porter was born.

Scotch Porter

What particular growth strategies have you implemented (or still implement) that have been most effective?

We operate in many of the traditional digital marketing channels that everyone plays in: PPC, Paid Social, Email, Influencer, Affiliate, etc. We have found email or retention marketing to be the most profitable and lucrative channel for us.

We see about an 83x return on every dollar that we invest in our email marketing efforts. Also, the channel is a great way to build customer loyalty and launch new products.


Where do you see the business in the next 5 years?

Our mission is to promote internal and external wellness while arming men with the tools needed to live their best, most fulfilled lives. In recent years, men have become much more interested in wellness and personal care.

We feed that interest by educating and providing experiences that showcase how health, wellness, and taking care of oneself shifts how one feels and performs in their personal and professional lives.

Scotch Porter is in a unique position to continue to educate and arm our customers with information and products that are aligned with internal and external wellness. Just like beauty isn’t just lipstick and makeup, grooming isn’t just a haircut and shave. You can expect a diverse product assortment from us in the near future.

What advice do you have for the entrepreneur who would like to see his/her products on the shelves of major retailers?

I have three key pieces of advice for aspiring entrepreneurs.

1) Do your research. 

If you are thinking of entering a market where there are no competitors, you better have a lot of money, as it will take boat loads of it to open up a new market. Thinking that you can create a new market with very little capital and resources is an uphill battle that most new entrepreneurs will lose. Competition is a sign that you are entering a healthy market and that customers are buying your offering.

2) Identify and/or cultivate a USP (Unique Selling Point) or Niche Market.

Being able to clearly communicate to a customer why they should buy from you instead of the competition is the only way to survive in a marketplace where there are hundreds, sometimes tens of thousands of companies that are technically offering the same product or service.

Even better is identifying a niche market. Find a market that is big enough and has enough potential customers but is being underserved or ignored. Study that customer and identify the best ways to serve them. You can grow a very substantial business, by identifying and properly serving a niche market.

3) Investigate the real costs of doing business with a major retailer and ask yourself if you’re truly ready. 

First, having a tight grip on the business’ finances and having the appropriate product margin to sell to a mass retailer is crucial to the sustainability of your business. Does your current product margins support giving 50% or more of your retail costs to a retailer, plus another 10-15% to support marketing/sales efforts?

Second, getting on a retailer’s shelf is no easy feat, but it’s much easier than moving product off that retailer’s shelf. You must have customer loyalty and/or the marketing/sales capability to sell through. Landing on a retailer’s shelf, but not being able to move product off the shelf can be devastating to a small business, as you can accumulate massive fees from the retailer, have your products removed from shelves, and mar your reputation with the retailer.

 

Tony O. Lawson

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3 mins read

Black Owned Sunscreen Brand Receives $1 Million Investment

black owned sunscreen

Black Girl Sunscreen (BGS) is a Black owned sunscreen brand based in Van Nuys, CA. The company produces a fragrance-free, melanin reinforcing SPF 30 sunscreen moisturizer using natural ingredients. This month, BGS secured a $1 million dollar investment from a private female funding source.

black owned sunscreen
Shontay Lundy, owner of Black Girl Sunscreen

Despite Black owned businesses typically having the most challenging time raising capital, BGS achieved this milestone with one single anchor product.

Currently, BGS is the only indie Black owned sunscreen brand carried full time in Target’s sun care section. This came after a successful sales and marketing campaign, which focused on the importance of all complexions needing sunscreen. Now over 200 Target stores across the country sell the BGS SPF 30 and BGS Kids SPF 50.

black owned sunscreen

After months of vetting potential partners, owner Shontay partnered with an investor who embodies many of her traits, namely integrity, and business savvy. Black Girl Sunscreen is valued at $5 million, after recently receiving their newest investment.

In the throes of COVID-19, the five-person BGS staff implemented an “all hands-on deck” mentality to ensure the company thrived. Lundy, refused to let the pandemic slow down her progress, stating that, “I told the team we need to change the narrative and be very nimble to survive this.”

The team immediately enhanced their social media strategy, started working longer hours, and increased their marketing efforts. Since the onset of COVD-19, the brand has seen a tremendous uptick in e-commerce orders and will be launching a new product later this year.

Traditionally, businesses with women of color CEOs at the helm, receive less than 1 percent of all VC funding every year. Black women startups and entrepreneurs are leading the pack when it comes to being marginalized, only receiving 0.2% of all funding.

Despite the large funding gap, women of color, especially black women aren’t slowing up anytime with funding new businesses and diving into entrepreneurship, as minority women account for 89% of new businesses opened every day. We sat down with Lundy to speak about her new private investment in Black Girl Sunscreen and where she sees Black Girl Sunscreen going next.

Source: Dominique Fluker for FORBES

 

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Black Owned Natural Hair Care Brand to receive $1 Million Investment from Shea Moisture Founder

Black Owned Natural Hair

Last summer, Shea Moisture founder Richelieu Dennis announced a $100 million fund for women entrepreneurs of color. The $100 Million New Voices Fund was  created to empower women of color entrepreneurs to reach their full potential.

Now, it seems the fund has made its first investment. Black owned natural hair care line NaturAll Club recently announced that they will be the recipients of a $1 Million dollar investment from Mr. Dennis.

Black Owned Natural Hair

A week ago, NaturaAll Club founder and CEO, Muhga Eltigani, made the announcement on her Instagram page.

“What’s cooler than having Rich Dennis, founder of one of the largest beauty brands, Shea Moisture, say that @naturallclub will become the next big thing in beauty?……

Having him invest $1M to help you do it….

Welcome to the team, Rich! I’m humbled that you selected us as your first haircare product investment.”

NaturaAll Club CEO, Muhga Eltigani and Rich Dennis

Congrats to the NaturAll Club team and salute to Richelieu Dennis for investing in Black business owners!

Click here to learn more about the New Voices Fund.

 

-Tony Oluwatoyin Lawson (IG@thebusyafrican)

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Published on
9 mins read

Wade The Barber is “Installing” Confidence, One Man Weave At a Time

man weave

By now, most of us have seen online images of guys in barber chairs getting what’s now commonly called a man weave. This hair procedure is the latest addition to the already booming Black haircare market.

One of the most well known experts in this area is Maryland based Master barber and certified hair loss specialist, Wade Menendez aka Wade the Barber. We chatted with him to find out more about his business and this rapidly growing segment of the hair industry.

Wade The Barber

How did you get started cutting hair and how did you decide to turn it into a profession?

I started cutting my hair at the age of 7 yrs old. After jacking myself up many times I started getting good and the same people that used to tease me about my haircuts started asking me to cut their  hair. I tried working many jobs but nothing gave me the same fulfilling feeling as barbering.

Photo credit:NPR

I ended up going to barber school after a while, got my license and started working at a barbershop and the rest was history. I think barbering is also in my blood. My dad would cut us sometimes, my uncle was a barber, and my great grand father was a shop owner.

man weave

How did you raise capital to start you first shop?

I got denied from the bank when I first went to open my own shop. After getting denied I started saving my money even more in preparation to branch out on my own. Before a man builds a house he must first count the cost and prepare. While I was preparing and saving money, I had a few clients that randomly approached me about helping me get a shop.
I feel that God sent them as angels to push me faster than I had planned. They funded the difference of what I needed to get started. They were a true blessing and just wanted to see me win!

What is the most challenging and the most rewarding thing about running your business?

The most challenging for me is dealing with unprofessional barbers and finding barbers that have great skill, great hearts and integrity. Most times its either or you’ll have a person with skill but a terrible personality, or a person with a great personality but haven’t mastered the skill yet.
I’ve been blessed with a good team, but sometimes you will have some barbers that challenge you in many ways and I hate micro managing and baby sitting grown people.
Another challenge is helping barbers grow their business and then they leave wrong or with out proper notice after you’ve helped them get to where they are.
On the other hand, having a business is rewarding. I love helping people and being able to create a certain good atmosphere where people can come and feel at peace while getting their hair cut.
We help the community a lot as well. I have a non profit that I started a year ago that’s been going well. I love when people tell me I have one of the best shops in the area. It really makes me feel like I’m on the right track and making an impact.

Why did you decide to start offering male hair units or “man weaves” and what has the response been so far?

I started doing the hair units after seeing an amazing natural hair technician add hair to dreadlocs at my shop. Until then, I had never seen an afro hair weave, only the Brazilian hair the ladies wear. LOL!

She told me where she got the hair and I started experimenting. I told myself that there has to be a way we can do this for balding men and women.

With trial and error and a few hair stylists showing what they knew, the rest was history. It’s a great feeling to now be able to help men from all over the world.

People now travel to my little city in Maryland from all over the world to get the service done. There have been some people that weren’t for it at first but it’s been four years now and it has become more and more accepted. I saw a need and just tried to fill it!

Guys lives have literally changed, just from having hair again. When I hear the stories of how their confidence has shot up after getting a hair unit it lets me know I’m walking in my purpose.

You have branded yourself as more than just a barber. Do you feel its important for other barbers or hairstylists to do the same?

Your brand is everything. How do you want people to perceive you. I have marketed myself to be more than just a barber that cuts in a barbershop.
I’ve always tried to branch out because I never wanted to be the average. Nothing wrong with being average but thats not what I wanted out of life. I’ve been blessed to be talented in a lot of areas so I’m just trying to use the gifts God has given me while I’m here on earth!

Where do you see your business in 5 years?

In the next 5 years i’ll have barber schools and salons located in multiple cities so be on the look out. I’ve been doing more and more education.
I have had the pleasure to train over 300 barbers and stylist so far on how to do this service so I believe thats the route I’m going in. We have some big things planned for the near future.

What advice do you have for aspiring entrepreneurs?

I would say to aspiring entrepreneurs to figure out what your passionate about and follow that. Be professional, Brand and market yourself.  Be your best you at all times. It will take you farther than you think. Make sure you have integrity and stay positive no one likes the negative energy, it will have you missing out on many opportunities.
Make sure you look the part, people see you before they hear you and how you present yourself in many cases will determine how people respect you as well.
Last thing would be, be a good stewart over your money and what you get. Learn to save and invest for your future and not be so caught up in immediate gratification such as expensive clothes, always hanging out, cars and flossing for your friends.
You can reach Wade at 

 

-Tony Oluwatoyin Lawson (IG @thebusyafrican)

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