PHOTO GALLERY: The Business of Black Haircare

JohnsonProds

In 1970, Johnson Products becomes the first black-owned company to be publicly traded on the American Stock Exchange. With $13 million in sales, Johnson leads the big five black haircare manufacturers. The others: Atlanta-based Cannonolene Co.; Magnificent Natural Products of California; John H. Johnson’s Supreme Beauty Products; and Madame C. J. Walker Company. (Image: Johnson Products logo)

In 1970, Johnson Products becomes the first black-owned company to be publicly traded on the…