Naturaz, a company specializing in vegan hair care products for curly hair, has raised $1 million in seed funding to support its retail expansion and product development efforts.
International beauty major L’Oréal has developed a tinted cosmetic sunscreen formulation with UVA and UVB protection suitable for dark phototypes five and six, plugging an important market gap, it says.
Black consumers make up a sizable portion of the cosmetics market in the US and around the world, and the industry has recently turned to start meeting the demand with multinational product development, new Black-owned companies and more research and...