This week, L’Oreal USA will add Carol’s Daughter, a successful beauty
and skincare company created for and by African-American women, to its growing
roster of beauty brands. According to several news reports, the deal was inked a month after
Carol's Daughter's retail division exited Chapter 11 bankruptcy.
The launch of the Entrepreneurs Circle, a new initiative underwritten by Credit Suisse, will offer several forms of access - including bank loans and wealth advice - to African-American business owners.