• Fashion Fair, once the largest black-owned cosmetics company in the world and a brand developed by Johnson Publishing Co., has been sold to investors that include Chicago business leader Desiree Rogers.
  • Rogers and Cheryl Mayberry McKissack, who were Johnson Publishing executives, will be majority owners of Fashion Fair.
  • The sale was approved Thursday in U.S. Bankruptcy Court as part of the Chapter 7 liquidation of Johnson Publishing assets.
  • The same investors own the Black Opal line of skin-care and beauty products.

Read full article: chicago.suntimes.com

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