As  a former barber, and as an antique  collector/dealer/appraiser/what-have-you, I have been a passionate  collector of vintage hair and beauty products and advertising for many  years. Here is a little overview of some of them:
Valmor Products (Madam Jones, Famous Products, Sweet Georgia Brown, Lucky Brown, etc.)
African-American entrepreneurs created                     the ideal of Black Beauty in 20th century advertising. It                     was an important component to their success – and failure:                     black beauty quickly became a socio-political and economic                     issue.
As blacks moved out of slavery and into                     the workforce, ministers and activists worked hard to emphasize                     good hygiene and a clean appearance as a way for black people                     to win jobs from white employers. Black cosmetic companies                     wanted their ads to deliver the same message, but owners                     like Madame CJ Walker thought the idea would inadvertently                     result in blacks forgetting their heritage and trying to                     look like whites. Good grooming was one thing – bleaching creams and hair straighteners were                   another. Companies like Walker’s refused to sell them.
Black business leaders were extolling Race                     Pride but contradictions in the black psyche slowed progress:                     the New Negro hated being portrayed as Mammy, but the black                     standard of beauty was as old as Antebellum – alabaster                     skin, aquiline nose and thin lips. America still classified                     people by skin tone, and blacks were no different from the                     white norm. The world was changing, but beauty ideals remained                   very conservative -- and very European.
It was a fact that didn’t escape the attention of white                   entrepreneurs. They were eager to tap into black buying power,                   but they knew a good price wasn’t the only thing that                   influenced blacks to buy. After World War I, many white cosmetic                   companies started including “specialty lines” for                   black women. Start-up companies built up their businesses by                   manufacturing toiletries for African-Americans, undercutting                   black businesses with cheaper prices, spending more for ad                   revenue in black periodicals – and using language they                   knew had distinct meanings among people of color. Bleaching                   creams were called “skin brighteners” – offering                   the promise of clearer skin, perhaps lighter skin. Black businesses                   began to struggle to stay in the game.
But it was the Great Depression and sex                     that closed the door on black cosmetics companies and made                     Valmor Products one of the top cosmetic firms among black                     women. The issue of black beauty became de-politicized in                     black newspapers during the 1930’s and was replaced by anything that took people’s                   minds off hard times – articles on movie stars, romance                   and the psychological effects of beauty.
Valmor aggressively promoted the idea of                     romantic love with its products – not only would its skin brighteners and                   creams help deliver the man of your dreams, but perhaps marriage                   and a better life. According to author Juliann Sivulka, the                   advertising concept helped Valmor “successfully re-package                   Anglo-Saxon 19th century ideals and gender roles.”   New                   mass media wasn’t just influencing white Americans, but                   African-Americans as well. Valmor came out on top, its dominance                   of the black cosmetics industry “signaled the end of                   an era (that) promoted beauty as a means of racial pride and “adjustment.”
It would take more than thirty years, Huey Newton, Eldridge                   Cleaver, the Nation of Islam and James Brown before Black became                   beautiful again. Eventually black-owned and operated companies                   such as Afro Sheen squeezed Valmor products out of the black                 beauty game forever.
 On Morton Neumann:
On Wednesday, April                     1985 Morton Neumann’s                   obituary in the Chicago Tribune newspaper read, “City’s                   Patron of Art Dies”.  Only one line mentioned he was a ‘local                   cosmetics manufacturer’.
Neumann amassed one of                     the finest modern art collections in the world, and helped                     finance the expansion of Chicago’s Art Institute – all made possible                   because of the success of Valmor Products, its numerous subsidiaries – and                   the subconscious wishes of millions of African-Americans.
Before he started collecting Picassos and                   Giacomettis, Neumann tried his own hand at art.  According                   to the book Stronger than Dirt, Neumann designed all of the labels for his Sweet Georgia Brown, Madam                   Jones and Lucky Brown Cosmetics lines.  He                   used a process called Letterpressing – best described                   as a press made specifically for relief printing.  You                   can tell it’s a relief print because the thick lettering’s                   raised a fraction of an inch above the label.
There’s no written explanation why                   Neumann decided to do all the artwork for Valmor Products himself – probably                   because it was too expensive during the 1920’s and ‘30’s                   to contract another company or artist to do something he could                   do himself. 
It                   goes without saying Neumann’s designs                   have lived long after the demise of Valmor – and his                   own life.  But for many, the empire he created will continue to live                   on in numerous discussions about art, the psychological complexity                 of advertising, and how capitalism benefited from racism. 
An interesting note:
 Morton Neumann didn't do all the artwork for Valmor....Charles C. Dawson did quite a bit of the artwork for the company   http://planetbarberella.blogspot.com/2011/12/on-charles-c-dawson-graphic-designer.html It is said that Neumann never let Dawson sign any of the work he did for whatever reason. (I just had to add that note.....It seemed that Dawson was reduced to doing ad work for this company during the Depression, and he didn't even get credit for that. The story that (white) Neumann did the artwork apparently lives on, even today....)
Here's some Valmor advertising:
A few from my collection: 
A few from other companies, including the black-owned Murray's:
Some King Novelty Co.(Valmor) items:
 


























































 
 
Amazing stuff.
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