The black hair care industry generates billions — but the US is missing out on the market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

African American consumers sometimes spend thousands of dollars a year on their hair, contributing to the multibillion dollar black hair care industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If the black community controlled 80% of the hair care industry the entire group would be much more prosperous. Amazing to give money to the other groups that dislike blacks. Black control would be an economic boom to the community.

I have actually never understood their hair. It just isn’t like the rest of the world.

I was mad at micro minis. Got tired of seeing them. But damn I would bring them back any day over these damn weaves.

Koreans got it locked down ... so I've heard.

Them weaves kept getting ripped off

And I spend $12 + tip . Shampoos- 0 got a giant gift of shampoo and conditioner that has lasted 2 years so far. I be a broke a** with kooky hair.

SAVE YOUR MONEY

Also perms may cause cancer.

maybe spend tops $200 a year on shampoo conditioner & box color? not even.....

Meh... I prefer the natural look.

The men get to shave if they want to - saves a lot of trouble. They talked about this hair issue on the show “This is Us” -

and?

It’s true. Back in college I worked in a small family-owned beauty supply store in E. New York (Brooklyn) and they made a fortune just in the black hair care product section alone. But the fake hair section was the real cash cow. The owner retired in his 40’s...

I will forever wonder what they spend “typically.” You killed me with “sometimes.”

Spending $30,000 a year on hair just seems absurd to me.

hmmmm the great black hair conspiracy of 2019

I’m just going to ask it, what is the white hair industry pulling in? 🤷🏼‍♂️

One can of Murray's for $3.99 last a black man 6 months so we outta $8 and change for the whole year after taxes😂😂😂😂

StopkillingKashmiris

Some good lookin' gals.

If you cut all your hair off, and go to the barbershop..you are saving $2,500?

Juses christ. AAs are statistically spanking, not an economically well to do group. Can they get their priorities straight? I belong to Asian group supposedly economically above average but I pay $8 for my hair cut every 4 months. I just do no. 4 on side and no. 6 on top.

.... sadly of which not one penny goes back to their community blackenterprise as only consumers economically we walk up the down escalator.

Wow. 💀💀💀

So do White people, what is the point?

Life hack, put the money in a retirement plan and you can leave your child some 'generational wealth'

That's it. I'm buying a jet-ski.

Thanks. I feel better about being bald.

How is the U.S. missing out on this if the spending is so much?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines