Business

Business

Why Terry L. Davis founded the first Black female jeans manufacturing firm

No piece of clothing defines American culture and fashion more than jeans. Over the past two centuries, jeans have gone from being worn by gold miners during the American gold mine boom in the 1800s…

By Preta Peace Namasaba June 14, 2024
Business

Why this investor involved his community in building a multibillion dollar real estate firm

Daryl Carter is the founder and CEO of Avanath Capital Management, a real estate investment firm with $4 billion in properties. But unlike many others, Carter’s company practises a community approach to housing and specializes…

By Nii Ntreh June 13, 2024
Business

Starting out as a salesman, MLB first baseman Dorian Boyland has built a $650 million auto dealership

Former MLB first baseman Dorian Boylan has always wanted to do the right things. Growing up, he wanted to excel in class, be the fastest in kickball, and make his mother proud. He accepted a…

Business

After convincing his parents to invest their retirement funds, this man has turned that into a multi-million-dollar business

At 33, Sherman Lewis III discovered the possibility of owning Shell gas stations while creating a portfolio of real estate properties in the Washington, D.C. metro area. The venture cost a total of $1 million,…

By Preta Peace Namasaba June 12, 2024

More in Business

CEO Avante Price and CPO Eli Taylor-Lemire. POSH
Business

Black-owned events platform POSH secures $22 million in Series A funding to empower event social creators

Black-owned events company POSH has secured $22 million in Series A funding to further its goal of connecting people through shared event experiences. Founded by Avante Price and Eli Taylor-Lemire, the platform has garnered over…

By Preta Peace Namasaba August 18, 2024
Business

Driven by their shared African roots, these 3 friends turned a fashion blog into a $30 million global brand

When Jefferson Osei, Abderrahmane Trabsini, and Hussein Suleiman founded Daily Paper in 2008, their goal was to share their unique take on streetwear. What began as a blog highlighting the fashion, music, style, and African…

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker.
Business

4 career tips from Allison Lawrence, president of Stanley Black & Decker eCommerce

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker. Over the years, she climbed the corporate ladder, holding several executive positions, including Business President, Vice President, Chief of Staff…

Business

Black-owned group buys Coliseum complex for $125 million

The African American Sports & Entertainment Group has bought the Oakland Athletics stake in the Oakland Coliseum for $125 million. The  Black-owned development group, previously landed a deal to buy the other 50% ownership interest…

By Preta Peace Namasaba August 16, 2024
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