NEW YORK — Sundial Brands’ founder Richelieu Dennis said he is transitioning from his roles as chair and chief executive officer of the company to establish and lead Sundial’s new Social Mission Board, as well as focus on his new entrepreneurial ventures. Meanwhile, Cara Sabin has joined Sundial Brands as chief executive officer. In this
WASHINGTON — The Dennis Family, including entrepreneur, investor, and social impact innovator Richelieu Dennis, has facilitated the acquisition of Madam C.J. Walker’s 100-year-old estate — Villa Lewaro — outside New York City. Dennis, founder and CEO of Sundial Brands, also founded the New Voices Foundation, which helps women of color entrepreneurs achieve their vision through innovative leadership
NEW YORK – The $100 million New Voices Fund, the next-generation fund set up to make private equity investments in businesses owned and/or managed by women of color, officially launched today at the 2018 Essence Festival in New Orleans. The New Voices Fund will provide women of color entrepreneurs with the access, capital and expertise
AMITYVILLE, NY – Sundial Brands, today announced that Kimberly Evans Paige has joined the company in the newly-created position of chief operating and brand-building officer. She will report to founder, chief executive officer and executive chairman Richelieu Dennis. She will partner with Dennis and the executive team to craft and support the overall strategic direction
AMITYVILLE, N.Y. — Essence Ventures LLC, a new company formed by Richelieu Dennis, founder haircare and skin-care company Sundial Brands, is buying the multi-platform media company Essence Communications Inc. from Time Inc. which includes Essence magazine. Essence president Michelle Ebanks will continue to run the company and will also join its board of directors. In addition, the
ENGLEWOOD CLIFFS, N.J.— Unilever has announced an agreement to acquire Sundial Brands, a leading haircare and skincare company recognized for its innovative use of high-quality and culturally authentic ingredients. Sundial’s brands include SheaMoisture, Nubian Heritage, Madam C.J. Walker and nyakio. Since its founding in 1991, Sundial has championed inclusive beauty and has served the unmet
Liberia-born and -raised Richelieu Dennis, CEO of Sundial Brands Inc., shared the story behind the origins of his skin and hair care company in a recent Q&A with the New York Times. After coming to the U.S. and then graduating from business school Babson College in 1991, Dennis wasn’t able to return to Liberia, which
AMITYVILLE, N.Y. — Sundial Brands has premiered on the Black Enterprise Magazine BE 100s List as the nation’s 10th-largest black-owned business. Sundial said it was the only beauty and personal care manufacturer to make this year’s BE 100s List. The company’s skin and hair care brands — all using culturally authentic natural ingredients — include
AMITYVILLE, N.Y. — Sundial Brands, maker of the SheaMoisture skin and hair care brand, has recognized fashion icon, entrepreneur and philanthropist Tina Knowles-Lawson with its first Community Commerce Impact Award. Sundial founder and chief executive officer Richelieu Dennis presented Knowles-Lawson with the award during the Variety Power of Women Luncheon at Cipriani Midtown in New
NEW YORK — SheaMoisture has introduced Beauty Hack, a three-step, at-home system that enables women to customize their own beauty blends for the face, body and hair. Made with natural, certified organic and fair trade ingredients, and designed for all skin and hair types, the Beauty Hack system starts with a fragrance-free base that is
AMITYVILLE, N.Y. — Richelieu Dennis, founder and chief executive officer of Sundial Brands, has been named to the Fast Company 2017 Most Creative People list. Sundial said Tuesday that Dennis was recognized in the Most Creative People list’s Fashion and Beauty segment. The Amityville, N.Y.-based company is the maker of the SheaMoisture, Nubian Heritage and
AMITYVILLE, N.Y.— Sundial Brands is launching an advertising and social media campaign that aims to “break down the walls” separating ethnic beauty sections from the rest of the beauty department. The SheaMoisture campaign includes a 60-second short film, a 30-second commercial, #BreakTheWalls digital and social assets, and behind-the-scenes footage showing everyday women and beauty video
AMITYVILLE, N.Y. — Sundial Brands, the maker of natural beauty care brands SheaMoisture and Nubian Heritage, has sold a minority interest in the company to global investment firm Bain Capital Private Equity. Sundial said Wednesday that the strategic partnership with Bain Capital will help accelerate the company’s growth. Financial terms of the agreement weren’t disclosed.
