Lisa Price

Position: Founder, President;

Company: Carol's Daughter Holdings LLC.;

Industry: Personal Care Products;

Country: United States

Lisa Price

President and Founder of Carol's Daughter.

Lisa Price is the president and founder of Carol's Daughter, which specializes in natural beauty products with a focus on black women.

In 1993, Founder Lisa Price transformed her hobby and love for fragrance into a skin care business. From that love Carol's Daughter was born. Lisa began making creams and lotions from her kitchen as a hobby in 1990. Encouraged by family members and friends, Lisa started Carol's Daughter out of her home in May of 1993 with a handful of customers.

By 1999, with a growing clientele from her mail order business, website and walk-in traffic, Lisa moved the store out of her brownstone to Brooklyn's Fort Greene neighborhood. In the past eight years, Carol's Daughter has design products and baskets for many celebrities including Jada Pinkett-Smith, Erykah Badu, Halle Berry, David Sanborn, Chaka Khan, Gary Dourdan and Oprah Winfrey.

A group of black movie and music stars which include Will Smith, Jada Pinkett Smith, Jay-Z and record executive Steve Stoute, who spearheaded the venture, invested $10 million in the Brooklyn beauty-products company.

Along with running her business Lisa also holds seminars on starting a business with little or no money, and the importance of following your spirit.

L’Oreal USA acquired the beauty brand known for its natural hair care products in October 2014.

The company had filed for Chapter 11 bankruptcy protection with the Manhattan bankruptcy court in April 2014. The company's CFO, John D. Elmer, stated that most of Carol's Daughter stores had been unprofitable since 2010. Before filing papers, the company closed five of its seven retail stores, and terminated 29 of its 42 employees.

Please Support Our Sponsors
Become a sponsor.

Recently Added Black Executives

Bill Spruill

Born: Goldsboro, North Carolina; Occupation: Businessman; Position: Co-founder & President; Company: Global Data Consortium; Industry:…

Yannick Lefang

Born: France; Occupation: Businessman; Position: Founder & CEO; Company: Kasi Insight Inc.; Industry: Market Research; Residence: Canada; …

Russ Hutchinson

Occupation: Businessman; Position: Chief Strategy Officer; Company: Goldman Sachs; Industry: Financial Services; Residence: United States; …

Asahi Pompey

Occupation: Businesswoman, Lawyer; Position: Partner, Global Head of Corporate Engagement & President of the Goldman Sachs Foundation; Company:…

Darren Dixon

Born: c. 1987; Occupation: Businessman; Position: Partner; Company: Goldman Sachs; Industry: Financial Services; Residence: United States; …

Latest News & Articles

Rihanna Fenty

Rihanna's lingerie company Savage X Fenty, known for its inclusivity of all body types, is reportedly planning a public offering at a reported $3…

Serena Williams, tennis champion and successful businesswoman and partner Alison Rapaport Stillman has raised a new fund, Inaugural Fund with $111M in…

Robin Rihanna Fenty

Robin Rihanna Fenty, the multi talented Barbadian entrepreneur, known best for her multi platinum selling music career, has raised $125 million for…

Frank Clyburn

International Flavors & Fragrances announced on January 20, 2022, the appointment of Frank Clyburn, an accomplished leader and operational executive,…

Sean Combs

Mr. Combs, 52, won back ownership with a $7.55 million bid in an auction to save Sean John from bankruptcy, according to court documents. Mr. Comb's…

Black Billionaires

Aliko Dangote

Born: April 10, 1957, Kano, Kano State, Nigeria; Occupation: Businessperson; Position: Chairman, President; Company: The Dangote Group; …

Michael Jordan

Born: February 17, 1963, Wilmington, North Carolina; Occupation: Businessman,Professional Basketball Player, Actor; Company: Charlotte Bobcats; …

Robin Rihanna Fenty

Born: February 20, 1988, Saint Michael, Barbados; Occupation: Businesswoman, singer, songwriter, actress; Position: Co-Founder; Organizations: …

Born: June 8, 1977, Atlanta, Georgia; Occupation: Rapper, Music Producer, Fashion Designer, Businessman; Position: Founder; Company: Yeezy; …

Shawn "Jay Z" Carter

Born: December 4, 1969, Brooklyn, NY; Company: Roc Nation; Position: Founder; Industry: Media, Entertainment, Publishing, Fashion; Residence:…

FTC: Black Entrepreneur & Executive Profiles is reader supported, we may earn income on affiliate links. You support us by using our links to buy products, it will cost you nothing extra.

We also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Learn more...