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New Orleans, LA — According to published reports, New Orleans native Desirée Glapion Rogers and her business partner, Cheryl Mayberry McKissack will purchase the iconic Fashion Fair beauty line from Johnson Publishing Company; the former publisher of Ebony and Jet magazines for $1.85 million. On Thursday, November 7, 2019, a bankruptcy judge approved the sale of Fashion Fair to Winnetka, Ill.-based FFair Acquisition LLC, a holding company formed for the acquisition.
Founded in 1973 as the first makeup line created for women of color, Fashion Fair was once considered the largest Black-owned cosmetics company in the world. At its peak in 2003, the brand sold $56 million in total sales.
“Fashion Fair is just too valuable for our community to lose,” Ms. Rogers said in an interview with Aisha Al-Muslim. “We plan to modernize the brand and products, but will remain true to the company’s roots, which was to create prestige products focused on women of color.”
Editor
KOLUMN Magazine celebrates the lives of People of Color by giving our world texture.
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