Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

The GM strike marches on

Sep 20, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
My Economy

The beauty brand inspired by both Hollywood and Zimbabwe

Bennett Purser Aug 15, 2019
Share Now on:
HTML EMBED:
COPY
Makeup products from Jacque Mgido Cosmetics.
Courtesy of Jacque Mgido

While working as a makeup artist in Hollywood, California, Jacque Mgido realized there was a gap in the market. Coming from Zimbabwe, she wanted a greater range of colors of foundation for her clients. This led her to create Jacque Mgido Cosmetics, her own line.

Mgido knew she could make beautiful products. What she didn’t expect was to get caught up in the trade war.

Jacque Mgido

My name is Jacque Mgido, and I am the CEO of Jacque Mgido Cosmetics.

I’m originally from Zimbabwe, and when I was in Zimbabwe I had a dream to just come to the United States, meet Oprah, and do Oprah’s makeup. So I started working on film and TV and started working on a couple of celebrities. And I realized that there really was a gap, because they made products for specific women, [women] who are Caucasian, or women who are light. This is when I went to my chemist. I found him and I said: “Listen, I have a project for you. I don’t have money. But what I do is have experience.” And he was like: “Let’s do it.”

Our foundation bottle is slender and you can see the product. We have, like, 16 colors, from the lightest of light to the darkest of dark. It’s amazing, because it’s taken us literally two and a half years to get this bottle right. Now the problem is that for a container, here, that will cost me $1, in China, the container will cost me literally 15 cents. My husband Khetani is my business partner; we put a lot of money in this company. I specifically remember the day when the containers were coming, he called me and was like: “Babe, I’ve got something to tell you.” And I was like: “Why are you sounding weird?” And he was like: “Man, this really ruins my day. It’s $5,000.” And I was like: “What are you talking about? We’ve never paid $5,000,” and he’s like: “The famous tariffs.” And this isn’t just for the first shipment. That was big.

Despite all these tariffs, and despite all the craziness and the drama around it, the fact is I got the bottles and we filled the bottles, and my whole thing is: this is America, there’s going to be a way.

Jacque Mgido

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.