Plynt Beauty Supply (2024)

FAQs

Who owns most beauty supply stores? ›

According to BOBSA, a majority of the beauty supply stores in the country are owned by Korean immigrants.

Paramount Beauty is led by Jeffrey Hagler and Evan Feingold. Sixty years after the company's inception, Paramount is still family owned, family operated, and holds family values. People are our most important asset; employees and clients alike.

In her own words, Paris McKenzie of Paris Beauty Supplyz tells the story of how she started her two brick-and-mortar schools — and why she's still thinking about med school too.

There are 83,845 Beauty Supply Stores businesses in the US as of 2023, an increase of 0.9% from 2022.

L'Oréal is the leading beauty products company with over $40 billion in global sales (Statista) L'Oréal remains the top player in the beauty industry, with around $18 billion more in sales than second-place Unilever. Rounding out the top 5 are Estée Lauder, P&G, and Shiseido.

Less than 5 percent of the beauty supply stores in the country are owned and operated by Black people, and the percentage of companies that distribute beauty products in bulk is even lower.

But in modern times, whether it was called Viacom or CBS or Paramount Global, Paramount has been an actual family business. It was listed publicly on the stock market, but has very much been in the control of the Redstone family since 1994.

About Paramount Cosmetics (India)

Incorporated as Tips & Toes Cosmetics Gujarat, a private limited company, in Nov. '85, Tips & Toes Cosmetics (India) became public and got its present name in Mar. '86.

The deal, approved late Sunday, allows Skydance to acquire National Amusem*nts, which has a controlling stake in Paramount.

L'Oreal was founded in 1909 in France, and has been growing its portfolio since 1967, when it acquired Lancome and Garnier. L'Oreal currently owns 51 beauty brands, including some of the most well-known names in the drugstore (Maybelline, Garnier, NYX, Essie, CeraVe).

Who owns feel beauty supply? ›

Feel Beauty operates 20 stores in New York City, with most outlets located in Black communities, said Charles Park, the company's owner.

Most well-known cosmetics & make-up brands in the United States 2023. L'Oréal is the most well-known cosmetics and make-up brand in the U.S., followed by Revlon, Avon, and COVERGIRL, while e.l.f. takes the crown in our cosmetics and make-up brand usage ranking.

Sephora.com is the leading online store in the beauty e-commerce market worldwide, achieving the highest e-commerce net sales, which have surpassed 3.2 billion U.S. dollars in 2023. Ulta.com ranked second, with roughly 2.1 billion U.S. dollars, followed by shiseido.co.jp with an estimated 1.5 billion dollars.

Industry leaders

As of 2023, the French cosmetics company L'Oréal was the leading beauty manufacturer in the world, generating revenues of over 44 billion U.S. dollars that year. The company owns the leading personal care brand worldwide, L'Oréal Paris, valued at nearly 48 billion U.S. dollars in 2023.

L'Oreal was founded in 1909 in France, and has been growing its portfolio since 1967, when it acquired Lancome and Garnier. L'Oreal currently owns 51 beauty brands, including some of the most well-known names in the drugstore (Maybelline, Garnier, NYX, Essie, CeraVe).

Today, Ulta Beauty is the largest beauty retailer in the U.S. providing beauty lovers with cosmetics, fragrance, skin care products, hair care products, and salon services.