The Ebony Fashion Fair not only helped to boost the Johnson Publishing Company's brand identity, it also raised $55 million in funds for African American charities.

[10] When Eunice Johnson noticed that the models at the Ebony Fashion Fair "were mixing foundations to create the right blend to match their hues", she initially approached existing cosmetics companies and asked them to develop make-up lines which would suit the specific needs of women of color.

However, as she was met with resistance from the companies she approached, she and her husband, John H. Johnson, created the Capsule Collection, a small make-up compact in a mail-order package.

[11] In April 2019, a United Kingdom creditor petitioned a judge to force the company to sell its Fashion Fair Cosmetics UK assets.

[13] From March 2013 thru May 2014, the Chicago History Museum displayed an exhibition titled Inspiring Beauty: 50 Years Of Ebony Fashion Fair.