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Photographer: Cyril Marcilhacy/Bloomberg

Sephora Says It Will Double Its Black-Owned Brands by Year’s End

Sephora said it will more than double the number of Black-owned brands it carries by the end of 2021, part of the beauty retailer’s efforts to boost diversity among its suppliers and in its ranks.

The LVMH-owned beauty retailer also said Black-owned brands will represent 15% of its hair-care segment by year’s end. Sephora is looking to fulfill its commitments under the 15 Percent Pledge, an initiative that promotes racial equality in retail.