In The Know Blog — African-American Business Owners
African-Americans have been impacting the fashion industry for decades. Many styles and trends are inspired from Black Culture. As consumers African-Americans contribute $1.1 trillion dollars in buying power. However, in the fashion industry there are between 3 to 4 percent of well known high-end African-American fashion designers.
This cross collaboration between these African-American owned entities not only benefit the community, but it delves deep into the great wells of time where African Americans built great communities of commerce despite barriers, agitation, and sociopolitical strife. There are glaring and specific examples of the involvement of many African Americans in commerce, industry, and business development.