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Stock impact report

5 Leadership Lessons from George Johnson’s Memoir ‘Afro Sheen’ [Forbes]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Forbes
Black entrepreneurs operate under profound constraints. In the mid-20th century, segregation, redlining, discriminatory lending practices, and exclusion from traditional corporate networks created an economic environment stacked against them. Yet it was in this context of systemic marginalization that George E. Johnson, 97, founded Johnson Products Company (JPC) in 1954, with a mere $250 loan and an unwavering vision: to create high-quality grooming products for the Black community. JPC's eventual listing on the American Stock Exchange in 1971 made Johnson the first Black American to take a company public—an unprecedented milestone in U.S. business history. His success aligned with the cultural renaissance of the civil rights and Black Power movements, where self-determination, economic empowerment, and pride in Black identity became central tenets of progress. Afro Sheen, JPC's iconic product line, was more than a haircare brand—it was a symbol of cultural affirmation and pride. Show less Read more
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