Eco-luxury brand RAW Beauty draws its inspiration from the transitional nature of the African Sahel. Founder Ruqayya Tofa-Basheer says her own personal skin challenges led her to this line of work.   



Clean beauty is on the rise. According to researchandmarkets.com, the worldwide clean beauty industry is expected to reach $14.36 billion by 2028. Defined as beauty products that are non-toxic and free of harmful ingredients, clean beauty has gained popularity, especially with Gen Z and millennials. A January 2023 article by The New York Times stated that ‘clean beauty’ had “5.6 million hashtag views on Instagram and 1.2 billion on TikTok”.



For beauty entrepreneur Ruqayya Tofa-Basheer, clean beauty offered a lifesaving solution for her and her daughter’s skin problems, and that led to the creation of one of her luxury botanical, clean beauty brands. RAW Beauty Africa focuses on sourcing and using African ingredients as its base for products.



“We use plants like moringa, baobab, hibiscus, and we use water melon seed oil, pumpkin seed oil and extracts from different plants in Africa that have high anti-oxidants and anti-inflammatory properties. We started with body products but now, we deal with face products for acne, and hyperpigmentation also came into play where a lot of people had scars from eczema that they couldn’t get rid of easily,” says Tofa-Basheer.



Her original career dream was architecture. After studying at the University of East London’s School of Architecture, Computing and Engineering, Tofa-Basheer worked with Barron and Smith Architects in Islington, London, from 2005 to 2007, before returning to Nigeria.



Over the years, she had been plagued with a skin condition which proved too difficult to handle.



“Going into beauty was really about my own personal journey with my skin. Having suffered from eczema as a baby, I had a very bad skin condition. I remember in boarding school, I was really not confident at all. During summertime, we were all going for a swim and I wanted to get out of that because I used to have a lot of boils on my body, especially during the rainy season,” Tofa-Basheer recalls.



“I remember my parents taking me to different dermatologists and I never really got a product that worked for me. When I was 19, I came across an aesthetician and she prescribed something that was way too harsh because I had sensitive skin as well, and it ended up really drying up my skin. That is really when I started trying to educate myself about clean ingredients and clean beauty.”



During her first pregnancy, Tofa-Basheer decided to take a beauty and skincare course in hopes of creating her own solution for her skin. However, it was after her pregnancy that her eureka moment happened.



“When I gave birth to my daughter, I found out she had the same skin condition as me. And I sought out companies in the US to help… I was like with all the courses I have done, I need to just order products and get to work. And that is when I created my skin butter and literally, within a week, her skin cleared,” she adds.



And Tofa-Basheer has never looked back. She started researching about the healing properties of local plants as well as different oils and began mixing clean concoctions in her kitchen before expanding to a factory in Kano and, most recently, another location in Abuja.



The brand has experienced organic growth for the past two years with its unique luxury packaging as well as brand proposition which seeks to also educate its customers about the negative impact of skin bleaching, amongst others.



For African beauty entrepreneurs that would like to tap into this billion-dollar clean beauty industry, Tofa-Basheer believes the focus should be on looking inwards first.



“Try to spread out and delve more into our natural plant resources and don’t get pigeonholed into just using shea oil and coconut oil but rather spread out and use research to process and manufacture ingredients, rather than just making products,” she says.



“Look locally for your solutions and try to solve a problem that is personal to you and your community.”

Green Modern Split Screen Tutorial YouTube Thumbnail (8)

The Nigerian Beauty Entrepreneur With A Clean Business Idea

In what will be the second major Kardashian cashout in a year, Kim Kardashian West is selling a 20% stake in her cosmetics company KKW Beauty to beauty giant Coty&nbsp;<a href="https://www.forbes.com/companies/coty-inc" target="_blank" rel="noreferrer noopener">COTY</a>&nbsp;for $200 million. The deal—<a href="https://www.coty.com/in-the-news/press-release/coty-and-kim-kardashian-west-announce-strategic-relationship-expand-beauty" target="_blank" rel="noreferrer noopener">announced today</a>—values KKW Beauty at $1 billion, making Kardashian West worth about $900 million, according to&nbsp;Forbes’estimates.



The acquisition, which is set to close in early 2021, will leave Kardashian West the majority owner of KKW Beauty, with an estimated 72% stake in the company, which is known for its color cosmetics like contouring creams and highlighters.&nbsp;Forbes&nbsp;estimates that her mother, Kris Jenner, owns 8% of the business. (Neither Kardashian West nor Kris Jenner have responded to a request for comment about their stakes.) According to Coty, she’ll remain responsible for creative efforts while Coty will focus on expanding product development outside the realm of color cosmetics.



Earlier this year, Kardashian West’s half-sister, Kylie Jenner, also inked a big deal with Coty, when she sold it 51% of her Kylie Cosmetics at a valuation of $1.2 billion. The deal left Jenner with a net worth of <a href="https://www.forbes.com/sites/chasewithorn/2020/05/29/inside-kylie-jennerss-web-of-lies-and-why-shes-no-longer-a-billionaire/#6e35ef4c25f7">just under $900 million.</a> Both Kylie Cosmetics and KKW Beauty are among a number of brands, including Anastasia Beverly Hills, Huda Beauty and Glossier, that have received sky-high valuations thanks to their social-media-friendly marketing. 



“Kim is a true modern-day global icon,” said Coty chairman and CEO Peter Harf in a statement. “This influence, combined with Coty’s leadership and deep expertise in prestige beauty will allow us to achieve the full potential of her brands.”



The deal comes just days after Seed Beauty, which develops, manufactures and ships both KKW Beauty and Kylie Cosmetics, won a temporary injunction against KKW Beauty, hoping to prevent it from sharing trade secrets with Coty, which also owns brands like CoverGirl, Sally Hansen and Rimmel. On June 19, <a href="https://www.forbes.com/sites/maddieberg/2020/06/23/the-company-that-makes-kim-kardashians-cosmetics-is-suing-her-to-protect-its-trade-secrets/#1f7f0b0aaac0">Seed filed a lawsuit against KKW Beauty</a> seeking protection of its trade secrets ahead of an expected deal between Coty and KKW Beauty. The temporary order, granted on June 26, lasts until August 21 and forbids KKW Beauty from disclosing details related to the Seed-KKW relationship, including “the terms of those agreements, information about license use, marketing obligations, product launch and distribution, revenue sharing, intellectual property ownership, specifications, ingredients, formulas, plans and other information about Seed products.”



Coty has struggled in recent years, with Wall Street insisting it routinely overpays for acquisitions and has failed to keep up with contemporary beauty trends. The coronavirus pandemic has also hit the 116-year-old company hard. Since the beginning of the year, Coty’s stock price has fallen nearly 60%. The company, which had $8.6 billion in revenues in the year through June 2019, now sports a $3.3 billion market capitalization. By striking deals with companies like KKW Beauty and Kylie Cosmetics, Coty is hoping to refresh its image and appeal to younger consumers.



Kardashian West founded KKW Beauty in 2017, after successfully collaborating with Kylie Cosmetics on a set of lip kits. Like her half-sister, Kardashian West first launched online only, but later moved into Ulta stores in October 2019, helping her generate estimated revenues of $100 million last year. KKW Beauty is one of several business ventures for Kardashian West: She continues to appear on her family’s reality show,&nbsp;Keeping Up with the Kardashians,&nbsp;sells her own line of shapewear called Skims and promotes her mobile game,&nbsp;Kim Kardashian Hollywood.&nbsp;Her husband, Kanye West,&nbsp;<a href="https://www.forbes.com/sites/maddieberg/2020/06/26/gap-stock-surges-after-kanye-west-signs-deal-to-sell-a-new-yeezy-clothing-line-with-struggling-retailer/#2807b5361437">recently announced a deal</a>&nbsp;to sell a line of his Yeezy apparel in Gap stores.



“This is fun for me. Now I’m coming up with Kimojis and the app and all these other ideas,” Kardashian West <a href="https://www.forbes.com/sites/natalierobehmed/2016/07/11/kim-kardashian-mobile-mogul-the-forbes-cover-story/#46bf36907e4f">told Forbes</a>of her various business ventures in 2016. “I don’t see myself stopping.”



&#8211;<a href="https://www.forbes.com/sites/maddieberg/">Madeline Berg</a>, Forbes Staff, <a href="https://www.forbes.com/hollywood-entertainment">Hollywood &amp; Entertainment</a>

Tag: Beauty Industry

FORBES AFRICA SOCIAL MEDIA

The Nigerian Beauty Entrepreneur With A Clean Business Idea

Kim Kardashian West Is Worth $900 Million After Agreeing To Sell A Stake In Her Cosmetics Firm To Coty