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.

One small step in overcoming 500 years of "The HUMILIATION of Black People." We must never forget!

Recently Added Profiles

Occupation: Businesswoman; Position: Chief Planning Officer; Company: Metrolinx; Industry: Transportation; Residence: Canada; Nationality:…

Occupation: Businesswoman; Position: CEO and Co-Founder; Company: Praxis Labs; Industry: Education; Residence: United States; Nationality:…

Born: July 22, 1973, Rochester, New York; Occupation: Businesswoman; Position: President, CEO; Company: Teachers Insurance and Annuity…

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

Born: c. 1962, USA; Occupation: Businessperson; Position: Co-Founder and President; Company: WinsCo Enterprises Inc.; Industry: Business…

Latest Articles

Jay-Z and NBA player Andre Iguodala, was among group of investors who worked with Blackstone Group Inc. in purchasing Certified Collectibles Group, a…

Tekedra Mawakana will take the helm at Waymo as co-CEO, as current CEO John Krafcik is stepping down after five and a half years leading the company.…

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Rosalind (Roz) Brewer as the company’s Chief Executive Officer,…

Credit Suisse CEO Tidjane Thiam on Thursday resigned in the wake of a spying scandal at the bank.

Iqbal Khan, formerly head of Credit Suisse’s wealth…

David Drummond, one of the highest ranking black executives in tech, is stepping down as chief legal officer of Google's parent company Alphabet. Mr.…