How Johnson Products Paved the Way as the First Black-Owned Company on the Stock Exchange with Afro Sheen’s Rise

How Afro Sheen Revolutionized Black Hair Care

In the 1970s, Johnson Products Company (JPC) made history as the first Black-owned business to be listed on the stock exchange. This groundbreaking achievement was fueled by the success of Afro Sheen, a product that became a cultural icon during the Black Is Beautiful movement. At a time when natural hairstyles like Afros were gaining popularity, Afro Sheen offered a solution for maintaining and styling natural hair, resonating deeply with Black consumers.

George E. Johnson, the founder of JPC, recognized the shifting cultural tides. “We needed to develop a product to address this new need,” he said. With the help of chemist Dr. Doc Martini, JPC created Afro Sheen, an aerosol spray that made natural hair easier to manage while adding a beautiful sheen. The product’s launch was perfectly timed, as more Black men and women embraced their natural hair, rejecting chemical relaxers that had dominated the market.

The Role of Advertising in Afro Sheen’s Success

Vince Cullers, a pioneering Black advertising agent, played a crucial role in Afro Sheen’s rise. He not only named the product but also designed its iconic packaging and ads. “I want to present Black people in a more positive light,” Cullers told Johnson. His vision showcased Black pride, featuring images of Black couples, families, and professionals wearing Afros and dashikis.

These ads ran in prominent Black magazines like Ebony and Essence, winning mainstream advertising awards. The phrase “watu wazuri,” meaning “beautiful people” in Swahili, became a rallying cry for Black beauty and self-acceptance. Afro Sheen’s marketing not only boosted sales but also challenged stereotypes, presenting Black people as confident, stylish, and empowered.

Soul Train: A Game-Changer for Afro Sheen

Johnson Products’ partnership with Soul Train catapulted Afro Sheen to national fame. Created by Don Cornelius, Soul Train was a groundbreaking TV show that celebrated Black music, dance, and culture. Johnson saw its potential early on, sponsoring the show and securing advertising slots.

The show’s vibrant visuals and youthful energy aligned perfectly with Afro Sheen’s brand. As Soul Train gained popularity, so did Afro Sheen. Retailers struggled to keep up with the demand, and JPC’s sales skyrocketed. By 1971, the company’s revenue reached $12 million, a 20% increase from the previous year.

Breaking Barriers on Wall Street

The success of Afro Sheen and Soul Train paved the way for JPC’s historic listing on the American Stock Exchange in 1971. This milestone made Johnson Products the first Black-owned company to be publicly traded, marking a significant achievement for Black entrepreneurship.

By 1972, JPC employed nearly 260 people and generated over $18 million in sales. The company expanded its operations, building a state-of-the-art facility to meet growing demand. Johnson’s vision and commitment to Black empowerment had transformed JPC into a powerhouse, proving that Black businesses could thrive on a national scale.

A Legacy of Black Pride and Empowerment

Afro Sheen’s success was more than just a business triumph; it was a cultural movement. The product and its advertising celebrated Black beauty, pride, and identity at a time when such representations were rare. Johnson Products’ journey from a small Chicago business to a Wall Street success story remains an inspiration for Black entrepreneurs today.

As George E. Johnson reflected, “We had grown both our businesses by coming together.” Afro Sheen and Soul Train not only revolutionized Black hair care and entertainment but also left an indelible mark on American culture.

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