23
Jul
Ami Colé, a beauty brand for melanin-rich skin, is shutting down.
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Black-owned beauty brand Ami Colé will be closing down in September. The founder, Diarrha N’Diaye-Mbaye, cited the difficulty in competing with larger corporate brands with substantial financial resources as a reason for the decision. Founded in 2021 to serve melanin-rich skin, Ami Colé received investments from L’Oréal and other venture capital firms and achieved a significant retail partnership with Sephora in 2022. Despite growing its revenue by 75% the previous year, the brand struggled with the high costs of prime retail shelf space. N’Diaye-Mbaye expressed gratitude to fans and investors,... Read More



