08.21.17
Sundial Brands, the company behind SheaMoisture, Nubian Heritage, Madam C.J. Walker Beauty Culture and nyakio, has been named to Black Enterprise Magazine’s BE 100s List as the 10th largest black-owned business in the US. Sundial is also the only beauty and personal care manufacturer to make this year’s list.
Black Enterprise has been listing America's largest black companies for 45 years. The BE 100s ranks America's largest black-owned companies, including automobile dealers, banks, asset managers, investment banks, and private equity firms. The 2017 Top 100 produced total revenues of $27.5 billion.
“This recognition by Black Enterprise is especially meaningful because it is further evidence that companies built with purpose at the center can do well in business while also making a significant positive impact in the world,” said Richelieu Dennis, founder and CEO of Sundial Brands. “Our purpose is ‘empowering people to live more beautiful lives,’ and we strive to do that each day through our Community Commerce business model, which develops communities through entrepreneurship, education and commerce.”
“We continually ask ourselves, our community, our suppliers and other partners, ‘How can we be fairer than fair trade?’ and ‘What is the next evolution and elevation of corporate social responsibility?’” Dennis continued. “So, the challenge to every entrepreneur and every company is how to develop businesses now and for the future that provide the access and opportunity that allow people to create sustainable economic value for themselves, their families and their communities. This has been our work at Sundial alongside our community for 26 years, and it is the foundation upon which our legacy will always stand.”
Black Enterprise has been listing America's largest black companies for 45 years. The BE 100s ranks America's largest black-owned companies, including automobile dealers, banks, asset managers, investment banks, and private equity firms. The 2017 Top 100 produced total revenues of $27.5 billion.
“This recognition by Black Enterprise is especially meaningful because it is further evidence that companies built with purpose at the center can do well in business while also making a significant positive impact in the world,” said Richelieu Dennis, founder and CEO of Sundial Brands. “Our purpose is ‘empowering people to live more beautiful lives,’ and we strive to do that each day through our Community Commerce business model, which develops communities through entrepreneurship, education and commerce.”
“We continually ask ourselves, our community, our suppliers and other partners, ‘How can we be fairer than fair trade?’ and ‘What is the next evolution and elevation of corporate social responsibility?’” Dennis continued. “So, the challenge to every entrepreneur and every company is how to develop businesses now and for the future that provide the access and opportunity that allow people to create sustainable economic value for themselves, their families and their communities. This has been our work at Sundial alongside our community for 26 years, and it is the foundation upon which our legacy will always stand.”