Carol's Daughter is a line of beauty products, including products for hair, skin, and hands, as well as fragrances. It was designed by Lisa Price. Price named the company for her mother, Carol Price. Though the store has several locations, its products are available in various salons as well as other stores such as Sephora

Sephora

Sephora is a chain of cosmetics stores founded in France in 1970 and acquired by Paris-based conglomerate LVMH in 1997. The Sephora chain includes more than 750 stores in 17 countries...

 and Macy's

Macy's

Macy's is a U.S. chain of mid-to-high range department stores. In addition to its flagship Herald Square location in New York City, the company operates over 800 stores in the United States...

. It has received much press coverage, including an appearance on The Tyra Banks Show

The Tyra Banks Show

The Tyra Banks Show, also known as and shortened to Tyra or The Tyra Show, is an American talk show hosted by Tyra Banks. The last new episode aired on Friday, May 28, 2010.-2005-2009: Syndication:...

and Oprah

The Oprah Winfrey Show

The Oprah Winfrey Show is an American syndicated talk show hosted and produced by its namesake Oprah Winfrey. It ran nationally for 25 seasons beginning in 1986, before concluding in 2011. It is the highest-rated talk show in American television history....

.

Development

Founder Lisa Price began working on the products for her line in the 1980s, when she was working on the set of The Cosby Show

The Cosby Show

The Cosby Show is an American television situation comedy starring Bill Cosby, which aired for eight seasons on NBC from September 20, 1984 until April 30, 1992...

. In her free time she made organic beauty products in her kitchen, including pure oils such as sweet almond, jojoba, and soy. Her experimentation eventually led to a mail-order and online business in 1993, followed by the first store opening in Brooklyn in 1999. During the fall of 2005, she opened a second store on 125th Street

125th Street (Manhattan)

125th Street is a two-way street that runs east-west in the New York City borough of Manhattan, considered the "Main Street" of Harlem; It is also called Martin Luther King, Jr...

 in Harlem. There are plans for about ten new Carol's Daughter stores in the next few years, including at least three in shopping mall

Shopping mall

A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...

s. The mall stores are an unusual feat for a new business.

The rapid expansion would not have been possible without heavy investment. Record executive Steve Stoute

Steve Stoute

Steve Stoute is an author, entrepreneur, advertising executive and American record executive and artist manager.-Music Executive:From 1990 to 1999, Stoute was an executive at several leading labels in the music industry...

 led a group of investors in raising $10 million for the venture. Other investors include Jada Pinkett

Jada Pinkett Smith

Jada Koren Pinkett Smith is an American actress, producer, director, author, singer-songwriter, and businesswoman. She began her career in 1990, when she made a guest appearance in the short-lived sitcom True Colors. She starred in A Different World, produced by Bill Cosby, and she featured...

 and Will Smith

Will Smith

Willard Christopher "Will" Smith, Jr. , also known by his stage name The Fresh Prince, is an American actor, producer, and rapper. He has enjoyed success in television, film and music. In April 2007, Newsweek called him the most powerful actor in Hollywood...

, Jay-Z

Jay-Z

Shawn Corey Carter , better known by his stage name Jay-Z, is an American rapper, record producer, entrepreneur, and occasional actor. He is one of the most financially successful hip hop artists and entrepreneurs in America, having a net worth of over $450 million as of 2010...

, Mary J. Blige

Mary J. Blige

Mary Jane Blige is an American singer-songwriter, record producer and occasional actress. She is a recipient of nine Grammy Awards and four American Music Awards, and has recorded eight multi-platinum albums. She is the only artist with Grammy Award wins in Pop, Rap, Gospel, and R&B. Blige has...

, Jimmy Iovine

Jimmy Iovine

James "Jimmy" Iovine is an American music producer, entrepreneur and chairman of Interscope-Geffen-A&M.-Biography:...

, Tommy Mottola

Tommy Mottola

Thomas Daniel "Tommy" Mottola is an American music executive, co-owner of Casablanca Records in a joint venture with the Universal Music Group. He is the ex-husband of Mariah Carey and is married to Mexican singer Thalía...

, and Thalía

Thalía

Ariadna Thalía Sodi Miranda , known simply by the mononym Thalía , is a Mexican singer and actress. She has sold over 40 million albums worldwide...

. The current spokeswomen for the line include Mary J. Blige

Mary J. Blige

Mary Jane Blige is an American singer-songwriter, record producer and occasional actress. She is a recipient of nine Grammy Awards and four American Music Awards, and has recorded eight multi-platinum albums. She is the only artist with Grammy Award wins in Pop, Rap, Gospel, and R&B. Blige has...

 and Dominique Reighard

Dominique Reighard

Dominique C. Reighard is an American fashion model, best known for her appearance on America's Next Top Model, Cycle 10 and being the newest face of Carol's Daughter.-America's Next Top Model:...

.

External links

• May 2007 Lisa Price Interview on Healthy, Natural Skin Care with Al Sharpton & Dr. V on AskDoctorv.com
• Lisa Price's Profile at BlackEntrepreneurProfile.com