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Founder of SheaMoisture, Richelieu Dennis, Acquires Essence From Time Inc.

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Rich Dennis By Angela Helm Essence Communications Inc., the 47-year-old mutliplatform brand that owns Essence magazine and the annual Essence Festival, has gone back to black (ownership), having been acquired by Essence Ventures LLC, an independent African-American-owned company,  Essence Ventures announced in a press release. The Essence brand was not part of the historic, nearly $3 billion sale of Time…

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Shea Moisture Founder Rich Dennis On Their Recent Merger & Giving Black Women 100 Million To Create Businesses

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Sundial Founder Richelieu Dennis By Erickka Sy Savané It was a festive evening at Ginny’s Supper Club, the intimate downstairs lounge at Red Rooster in Harlem last week. I was there tagging along with my girl Sid, who gets invited everywhere, and honestly, anytime I can get away from an evening of doing homework with the kids is cause to…

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