THE OWNERSHIP OF THE KOREAN BEAUTY SUPPLY STORES
The ownership of the Korean beauty supply stores in the last 30 years the Koreans have dominated the black hair care industry in terms of number of stores 10 years ago they had 9000+ stores nationally. Now they only have 3000 stores, the Koreans are getting out of the business. when a Korean owned, sell one of their store. Or getting out of the business they would sell it to another Korean now they are just sell to anyone. Or closing it all together we here at BOBSA is trying to help black entrepreneurs buy the stores that they are closing it’s a good opportunity for us to recapture our Black owned store presence in the black community.
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