Carol's Daughter
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Carol's Daughter is a line of beauty products, including products for hair, skin, and hands, as well as fragrances. It was designed by Lisa Price. Price named the company in honor of her mother, Carol Price. Though the store has several locations, its products are available in hundreds of other stores, such as Nordstrom, and it has received much press coverage, including an appearance on The Tyra Banks Show [1] and Oprah.[1]
[edit] Development
Founder Lisa Price began working on the products for her line in the 1980s, when she was working on the set of The Cosby Show. In her free time she concocted organic beauty products in her kitchen, including pure oils such as sweet almond, jojoba, and soy. Her experimentation eventually led to a mail-order and online business in 1993, followed by the first store opening in Brooklyn in 1999. [2] During the fall of 2005, a second, flagship store opened on 125th Street in Harlem. Her product line is now carried by luxury cosmetics giant Sephora.[1] About ten new stores are planned in the next few years, including at least three in shopping malls. Her planned mall stores are an unusual feat for a new business.[3]
The expansion would have been impossible without heavy investment. Record executive Steve Stoute led a group of investors in raising $10 million for the venture. Other investors include Jada Pinkett Smith, Will Smith, Jay-Z, Andrew Farkas, Mary J. Blige, Jimmy Iovine, Tommy Mottola, and Thalía. The current spokeswomen for the line are Mary J. Blige [2] and Jada Pinkett Smith [4]
[edit] References
- ^ a b Simanoff, Dave. "A New Face For Cosmetics", Tampa Tribune, 26 October 2006.
- ^ Ninh, David. "Carol's Daughter has got the organic goods", The Dallas Morning News (Texas), 15 September 2006.
- ^ Pristin, Terry. "Out of the Kitchen and Into the Shopping Mall", The New York Times, 25 October 2006.
- ^ Will Smith, Jay-Z back beauty line. CNN.com.
[edit] External links
- Official site
- Lisa Price Interview on Healthy, Natural Skin Care with Al Sharpton & Dr. V on AskDoctorv.com
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