Luster Products president and founder has died at age 62.
Luster Products president and founder has died at age 62
CHICAGO - Fred Luster Sr., founder and president of Luster Products Inc., died at Michael Reese Hospital here last month at the age of 62.
Luster founded the company that bears his name, with $500, after mixing different formulas in his basement to create his own hair relaxer. Today the Chicago-based company employs over 300 people and sells products worldwide. Luster's son Jory is vice president, his son Fred II is director of research and development, and his daughter Sonja Luster-Munis is director of systems administration.
Luster Sr. was also a founding member of the American Health and Beauty Aids Institute, the trade organization of ethnic H&BA companies (which Jory is currently chairman of).
Luster got into the beauty business in 1950. While on strike at a local steel mill, he had taken up barbering. And as a barber he soon learned that the greatest profits in the field were to be made in administering relaxers.
Eventually, his business savvy prompted him to investigate making his own hair relaxing preparations. His experimentation led to a relaxer that he began to sell only to select customers. Their positive feedback led to the establishment of Luster Products in 1957.
Luster supported many community causes and organizations, including the United Negro College Fund, the NAACP, Jackie Robinson Little League and the Urban League.
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|Title Annotation:||Fred Luster Sr.|
|Publication:||Chain Drug Review|
|Date:||Apr 8, 1991|
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