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Black Stats
Frequently requested
data on African American consumers
Black Buying Power:
$679 Billion (2004)
Black U.S. Population:
38.3 million
Top Five Black Cities
- New York
- Chicago
- Detroit
- Philadelphia
- Houston
Top Five Black Metros:
- New York-New Jersey
- Washington-Baltimore
- Chicago-Gary
- Los Angeles
- Philadelphia
Top Five Expenditures:
- Housing 110.2 bil.
- Food 53.8 bil.
- Cars/Trucks 28.7 bil.
- Clothing 22.0 bil.
- Health Care 17.9 bil.
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Johnson Publishing Co.
inks licensing deal for Ebony Home products line
(June
15, 2006) Johnson Publishing Company, the world’s largest Black-owned
publishing company and home of EBONY magazine, has forged an alliance with
Dan River, Inc., to create luxury bed and bath products for the newly
developed Ebony Home brand. The deal was brokered by licensing agency,
TurnerPatterson. The alliance with Dan River, Inc, is the Johnson
Publishing Company’s first foray into the licensing arena.
Dan River, a leading manufacturer and marketer of textile products for the
home fashions market, will work closely with Johnson Publishing and
TurnerPatterson to design a line of stylish, quality bedding and bath
products, targeted to the sophisticated consumer. Ebony Home will feature
two tiers of collections; EBONY Classics for mid-tier and upscale stores
and Ebony@Home, a line for mass retailers. The products are scheduled for
a Spring 2007 launch.
“We are pleased to partner with Dan River to launch the first EBONY Home
licensing product line,” said Linda Johnson Rice, President and Chief
Executive Officer of Johnson Publishing. “As a quality brand, our goal is
to develop alliances with leading companies to bring high-quality
merchandise to the marketplace. For luxury bed and bath items for the
Ebony Home line, Dan River is the ideal partner.”
While Ebony Home, will build on the company’s long history and expertise
in marketing to various demographics of the African American market, the
licensing division plans to develop products that appeal to a broader
cross section of Americans.
“We’re interested in developing quality, contemporary luxury goods,”
stated Debra Turner, CEO TurnerPatterson. “While we plan to incorporate
aspects of our reader’s culture in developing the Ebony Home brand, we
also seek to broaden the definition of African American tastes. Our plan
is to design products that appeal to a wide range of consumers.”
For Dan River, Ebony’s recognizable brand and strong heritage lends itself
to product expansion and is perfect for the development of a timeless
luxury bedding and bath line.
“The Ebony brand is the essence of heritage, quality and style,” said
Susan Meek, Vice President of Licensing and Marketing, Dan River, Inc.
“Heritage and tradition are important to our consumers, and there is a
vital need for a line that incorporates multi- cultural tastes and general
market appeal. Our partnership with the Johnson Publishing Company and
Ebony Home will help forge the path to address the needs of that growing
market.”
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12th
Annual Edition Available
Latest
'Buying Power' report shows black consumers spending more on home life
As the American economy continues to move sluggishly,
African-American households are curtailing their spending in many
categories, including food, clothing and basic household items, while
investing more in home repair, home entertainment and consumer
electronics. Although they are trimming back, black consumers are still
spending more than their white counterparts on most of these products.
Story and statistics
continued
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