At the Margins https://www.blackexecutivebrief.com/podcast/ Transistor (https://transistor.fm) https://feeds.transistor.fm/at-the-margins At The Margins is a BEJ original series on the hidden economics of Black business in the United States and Canada: who owns it, who funds it, who profits from it, and who will own it next. © 2026 BEJ Media 009cbe38-0812-5125-8b69-52a192d03526 yes en Mon, 09 Nov 2026 10:20:02 -0800 Mon, 09 Nov 2026 10:21:14 -0800 https://img.transistorcdn.com/fYrTAOssMqXOQqI5_u_B6g8tZEMkt2UZBOaniMctWZM/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mYjVj/YzAwMzM1MjVlMmIz/OTM1M2RiMTI4NjA4/OTY1Ni5qcGc.jpg At the Margins https://www.blackexecutivebrief.com/podcast/ episodic BEJ Media At The Margins is a BEJ original series on the hidden economics of Black business in the United States and Canada: who owns it, who funds it, who profits from it, and who will own it next. At The Margins is a BEJ original series on the hidden economics of Black business in the United States and Canada: who owns it, who funds it, who profits from it, and who will own it next.. BEJ Network, Black Executive Journal, BEJ Global, global business news, African business news, diaspora business, global markets, African markets, international finance, capital markets, investment intelligence, private equity, venture capital, institutional investors, sovereign wealth funds, foreign direct investment, global trade, economic intelligence, geopolitical analysis, business leadership, executive insights, corporate strategy, infrastructure investment, emerging markets, African economic development, Caribbean business, Black-owned businesses, global entrepreneurship, wealth creation, ownership and equity, mergers and acquisitions, financial technology, fintech, energy markets, technology and innovation, trade corridors, economic policy, global capital flows, business intelligence, market analysis, executive briefings, global business podcast, business news podcast, African finance podcast, investment podcast, BEJ Network podcast, The Sixth, Diaspora Desk, Yesterday's Architects, global economic outlook, future of business, capital allocation, institutional intelligence BEJ Media No No Built Here, Owned Elsewhere: Who Owns the Black Consumer Market 1 1 Built Here, Owned Elsewhere: Who Owns the Black Consumer Market full b6d63774-a593-4c99-bf3b-137865c6fab6 https://share.transistor.fm/s/679d0d7e Black consumers in the U.S. command about $2 trillion in buying power. Black-owned companies with employees are 3.4% of U.S. employer firms, and Black brands took 2.5% of U.S. beauty revenue in 2021. Episode 1 of At The Margins follows the money from the checkout line to the balance sheet, in the U.S. and Canada, and traces how four of the best-known Black-founded beauty brands were sold to L'Oréal, Unilever and P&G.

What we cover

  • Black-owned employer firms: 201,000 in 2023 (the latest Census year), 3.4% of all, with $249.0B in receipts and 1.8M+ jobs; up 62% since 2017 vs 3.3% for all firms (Census; Brookings).
  • On Oct 22, 2026, the Census Bureau proposed dropping owner race and other demographic questions from the next Annual Business Survey; comments close Dec 21 (Federal Register).
  • In Canada, Black-owned enterprises were 2.8% of the total in 2022 vs a 4.3% population share (Statistics Canada); FACE's Black Entrepreneurship Loan Fund has disbursed $50.4M to nearly 600 businesses.
  • Black consumers made 11.1% of U.S. beauty spending in 2021; Black brands took 2.5% of revenue, and 9 of 45 Black beauty brands no longer Black-owned held 82% of the group's revenue (McKinsey).
  • Carol's Daughter, Sundial, Walker & Co. and Mielle were sold to L'Oréal, Unilever and P&G; Essence (2018) and Carol's Daughter (2025) show ownership bought back.

Chapters
(0:00) Cold open
(0:39) The gap
(4:42) The shelf
(6:26) The exit
(9:43) The balance sheet
(10:21) The evidence
(12:57) The bottom line
(13:17) The bottom line

Daily diaspora business news: desk.blackexecutivebrief.com
Watch the video edition on YouTube: The Black Executive Journal.

Have news to share? Distribute your press release on the BEJ Newswire: www.blackexecutivebrief.com/bej-newswire-press-release

Sources

At The Margins is a Black Executive Journal investigative series on the hidden economics of Black business in the United States and Canada: who owns it, who funds it, who profits from it, and who will own it next.

]]> Black consumers in the U.S. command about $2 trillion in buying power. Black-owned companies with employees are 3.4% of U.S. employer firms, and Black brands took 2.5% of U.S. beauty revenue in 2021. Episode 1 of At The Margins follows the money from the checkout line to the balance sheet, in the U.S. and Canada, and traces how four of the best-known Black-founded beauty brands were sold to L'Oréal, Unilever and P&G.

What we cover

  • Black-owned employer firms: 201,000 in 2023 (the latest Census year), 3.4% of all, with $249.0B in receipts and 1.8M+ jobs; up 62% since 2017 vs 3.3% for all firms (Census; Brookings).
  • On Oct 22, 2026, the Census Bureau proposed dropping owner race and other demographic questions from the next Annual Business Survey; comments close Dec 21 (Federal Register).
  • In Canada, Black-owned enterprises were 2.8% of the total in 2022 vs a 4.3% population share (Statistics Canada); FACE's Black Entrepreneurship Loan Fund has disbursed $50.4M to nearly 600 businesses.
  • Black consumers made 11.1% of U.S. beauty spending in 2021; Black brands took 2.5% of revenue, and 9 of 45 Black beauty brands no longer Black-owned held 82% of the group's revenue (McKinsey).
  • Carol's Daughter, Sundial, Walker & Co. and Mielle were sold to L'Oréal, Unilever and P&G; Essence (2018) and Carol's Daughter (2025) show ownership bought back.

Chapters
(0:00) Cold open
(0:39) The gap
(4:42) The shelf
(6:26) The exit
(9:43) The balance sheet
(10:21) The evidence
(12:57) The bottom line
(13:17) The bottom line

Daily diaspora business news: desk.blackexecutivebrief.com
Watch the video edition on YouTube: The Black Executive Journal.

Have news to share? Distribute your press release on the BEJ Newswire: www.blackexecutivebrief.com/bej-newswire-press-release

Sources

At The Margins is a Black Executive Journal investigative series on the hidden economics of Black business in the United States and Canada: who owns it, who funds it, who profits from it, and who will own it next.

]]> Mon, 09 Nov 2026 04:03:04 -0800 BEJ Media BEJ Media 821 Black consumers in the U.S. Black consumers in the U.S. AtTheMargins,BlackBusiness,BlackOwned,BlackEntrepreneurs,BlackCanadian,BlackExecutiveJournal No