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Madam C. J. Walker Manufacturing Company
The Madam C. J. Walker Manufacturing Company (Madam C. J. Walker Manufacturing Co., The Walker Company) was a cosmetics manufacturer incorporated in Indianapolis, Indiana in 1910 by Madam C. J. Walker. It was best known for its African-American cosmetics and hair care products. It is considered the most widely known and financially successful African-American-owned business of the early twentieth century. The Walker Company ceased operations in July 1981. History Early Life Madam C. J. Walker, born Sarah Breedlove, was born on December 23, 1867, in Delta, Louisiana. Born to formerly enslaved parents, Breedlove was an orphan by the time she was seven years old. In 1881, Breedlove married Moses McWilliams at the age of 14. The couple welcomed a baby girl in 1885, named Lelia. Two years after the birth of Lelia, McWilliams passed away. 1905–1910 Breedlove first formed the idea of a company in Denver, Colorado, in the early twentieth century. Like many women of her era, Breedlov ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Indiana Avenue
Indiana Avenue is a historic area in downtown and is one of seven designated cultural districts in Indianapolis, Indiana. Indiana Avenue was, during its glory days, an African American cultural center of the area. The Indiana Avenue Historic District within the area was designated a United States national historic district in 1987. History In 1870, 974 African Americans (one third of the city's African American population) called Indiana Avenue home. This represented a shift in racial demographics away from the mostly working class poor population of Irish and German immigrants that lived around Indiana Avenue during the early years of Indianapolis. As the African American population increased, black entrepreneurs opened businesses on practically every corner. Bethel A.M.E. Church, the oldest African American congregation in Indianapolis, was organized in 1836. African American owned businesses opened on the Avenue by at least by 1865, including a grocery store owned by Samuel ...
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Cosmetics Companies Of The United States
Cosmetics are substances that are intended for application to the body for cleansing, beautifying, promoting attractiveness, or altering appearance. They are mixtures of chemical compounds derived from either Natural product, natural sources or created synthetically. Cosmetics have various purposes, including personal care, personal and skin care. They can also be used to conceal blemishes and enhance natural features (such as the eyebrows and eyelashes). Makeup can also add colour to a person's face, enhance a person's features or change the appearance of the face entirely to resemble a different person, creature, or object. People have used cosmetics for thousands of years for skin care and appearance enhancement. Visible cosmetics for both women and men have gone in and out of fashion over the centuries. Some early forms of cosmetics contained harmful ingredients such as lead that caused serious health problems and sometimes resulted in death. Modern commercial cosmetic ...
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Mary Kay
Mary Kay Inc. is an American privately owned multi-level marketing company. Mary Kay is based in Addison, Texas. The company was founded by Mary Kay Ash in 1963. Richard Rogers, Ash's son, is the chairman, and Ryan Rogers, Ash's grandson, was named CEO in 2022. History Foundation–2000 In 1963, Mary Kay Ash founded the company based on a line of cosmetics she had been wearing for several years. She purchased the formula from a woman who had been selling it privately. Originally the company had 318 consultants and sales of $198,154. By 1991, it exceeded $500 million in sales through 220,000 consultants. In 1995, its sales had grown to $950 million. 2001–present Founder Mary Kay Ash died on November 22, 2001. In March 2020, the company closed operation in Australia and New Zealand. In November 2022, David Holl, the company’s CEO since 2006, retired after nearly 30 years with the company but remained chairman of the board. In November 2022, Ryan Rogers was named CEO. ...
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Avon Products
Avon Products, Inc. ( ) is an Anglo-American multinational company selling cosmetics, skin care, perfume, and personal care products. It is a multi-level marketing company based in London. In 2020, Avon had annual sales of $9.1 billion worldwide. It is the fourteenth-largest beauty company and, with 6.4 million representatives, is the second largest multi-level marketing company in the world (after Amway). The company's CEO is Kristof Neirynck who was appointed to the position in November 2023. In May 2019, the Brazilian multinational company Natura & Co announced its intent to acquire Avon; the deal closed in January 2020. Following the merger, existing Natura shareholders held 73% of the combined company, Natura Holding S.A., with former Avon shareholders owning 27%. At merger completion, Avon became a privately held company, common stock was removed from the NYSE trading. History Avon's founder, David H. McConnell, initially sold books as a door-to-door salesman to New ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ...
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Sephora
Sephora is a French multinational retailer of personal care and beauty products, offering nearly 340 brands alongside its own private label, the Sephora Collection. Its product range includes cosmetics, skincare, fragrance, nail color, beauty tools, body products, and hair care items. The company was founded in Limoges, France in 1969 and is currently based in Neuilly-sur-Seine, France. Since 1996, Sephora has been owned by the luxury goods, luxury conglomerate LVMH. History Sephora was first launched in Paris in August 1970. It is named after the biblical figure Zipporah (French: '':fr:Séphora, Séphora''), wife of Moses. In 1993, Dominique Mandonnaud acquired Sephora and merged it with his own perfume chain under the Sephora brand. Mandonnaud is credited with designing and executing Sephora's "assisted self-service" sales experience, which distinguished itself from standard retail models for cosmetics by encouraging its primarily female customer base to test products in ...
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Sundial Brands
Unilever PLC () is a British multinational consumer packaged goods company headquartered in London, England. It was founded on 2 September 1929 following the merger of Dutch margarine producer Margarine Unie with British soap maker Lever Brothers. The company's products include baby food, beauty products, bottled water, breakfast cereals, cleaning agents, condiments, dairy products, energy drinks, healthcare and hygiene products, ice cream, instant coffee, instant noodles, pet food, pharmaceuticals, soft drinks, tea, and toothpaste. It is the largest producer of soap in the world, and its products are available in over 190 countries. The company is organised into five business groups: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. It has research and development facilities in China, India, the Netherlands, Pakistan, the United Kingdom, and the United States. In the 1930s, Unilever acquired the United Africa Company. In the second half of the 20th c ...
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Madam Walker Legacy Center
The Madam C. J. Walker Building, which houses the Madam Walker Legacy Center, was built in 1927 in the city of Indianapolis, in the U.S. state of Indiana, and as Madam C. J. Walker Manufacturing Company, it was designated a National Historic Landmark in 1991. The four-story, multi-purpose Walker Building was named in honor of Madam C. J. Walker, the African American hair care and beauty products entrepreneur who founded the Madam C. J. Walker Manufacturing Company, and designed by the Indianapolis architectural firm of Rubush & Hunter. The building served as the world headquarters for Walker's company, as well as entertainment, business, and commercial hub along Indiana Avenue for the city's African American community from the 1920s to the 1950s. The historic gathering place and venue for community events and arts and cultural programs were saved from demolition in the 1970s. The restored building, which includes African, Egyptian, and Moorish designs, is one of the few rema ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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A'Lelia Walker
A'Lelia Walker (born Lelia McWilliams; June 6, 1885 – August 17, 1931) was an American businesswoman and patron of the arts. She was the only surviving child of Madam C. J. Walker, who was popularly credited as being the first self-made female millionaire in the United States and one of the first African-American millionaires. Life and career Early life A'Lelia Walker was born Lelia McWilliams in Vicksburg, Mississippi, in 1885, the daughter of Moses and Sarah (née Breedlove) McWilliams. Her father died when she was two years old, and she moved with her mother to St. Louis, Missouri to live with her mother's three brothers.Jones, Alexis and Siclait, Aryelle (March 27, 2020"Who Was Madam C.J. Walker's Daughter A'Lelia And What Happened To Her?"''Women's Health'' Her mother married John Davis in 1894 and divorced in 1903. In 1906, her mother married Charles Joseph Walker, a newspaper advertising salesman, and became an independent hairdresser and cosmetic cream retailer. A'Le ...
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Marjorie Joyner
Marjorie Joyner (née Stewart; October 24, 1896 – December 27, 1994) was an American businesswoman, hair care entrepreneur, philanthropist, educator, and activist. Joyner is noted for being the first African-American woman to create and patent a permanent hair-wave machine.Women of Invention: Life-Changing Ideas by Remarkable Women, By Charlotte Montague
Retrieved March 27, 2020.
In addition to her career in hair care, Joyner was highly visible in the African-American community in Chicago, once serving as head of the '''' Charity network, helping organize the ''
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