Luna Magic’s journey from its inception to becoming a thriving $1.9 million empire is a testament to the power of inclusivity and empowerment in the beauty industry.
A Flourishing Cosmetic Empire with a Purpose
Luna Magic has made a meteoric rise in the world of cosmetics. Its net worth of $1.9 million and annual revenue of $1.5 million are a testament to the brand’s exceptional financial performance.
Cultural Catalyst for Empowerment
Beyond its financial success, Luna Magic stands as a beacon of empowerment for women of color. Their cosmetics celebrate Afro-Latina diversity and inclusivity, building a loyal customer base that resonates with their mission.
Unlocking Opportunities for the Future
The brand continues to expand its product line, form partnerships with like-minded influencers, and disrupt the beauty industry with its unique blend of quality, affordability, and inclusivity.
Luna Magic’s Shining Star in the Beauty World
Still shining brightly, Luna Magic continues to post impressive financial results, generating $1.7 million in annual sales as recently as 2023. But for founders Shaira and Mabel Frias, it’s about more than just profits; it’s about promoting inclusivity and empowering women of all backgrounds.
The Power of Inclusivity
Luna Magic’s inclusive approach has resonated with consumers, leading to a loyal fan base and expanded sales in stores nationwide. Their mission to uplift and celebrate Afro-Latina culture has not only garnered admiration but has also made the brand a symbol of empowerment for women everywhere.
Empowering a New Generation
Luna Magic’s founders, Shaira and Mabel Frias, embody determination and business acumen. They serve as role models for aspiring entrepreneurs, demonstrating that passion and inclusivity can pave the way for success.
Key Takeaways
- Luna Magic’s financial stability and growth are evidenced by its $1.9 million net worth and $1.7 million in annual revenue.
- The brand’s partnership with Barbara Corcoran on Shark Tank played a pivotal role in its expansion.
- Luna Magic’s commitment to inclusivity and cultural empowerment has fostered a loyal customer base and earned industry respect.
- The brand’s continuous innovation and growth promise a bright future in the beauty landscape.