Folashade Oloye, CEO of Cashmere Lux Hair Salon, Named 2024 Entrepreneur of the Year by Rochester NAACP

Folashade Oloye, a visionary entrepreneur and licensed cosmetologist with over 20 years of experience, was recently awarded the 2024 Entrepreneur of the Year by the Rochester NAACP. Oloye’s journey began with the launch of Cashmere Lux Hair Salon, where her mission was clear: to provide salon services that deliver real, tangible results. This commitment led her to develop Cashmere Lux Hair—a multicultural, cruelty-free haircare line designed to serve a diverse clientele.

Cashmere Lux Hair: Premium Hair and Hair Care Products

At Cashmere Lux, the focus is on more than just styling; it’s about instilling confidence and fostering self-esteem. “My mission is to guide our clients by creating a positive impact while giving a one-of-a-kind experience,” says Oloye. Cashmere Lux is known for teaching clients how to maintain and grow healthy hair and educating hair braiders on safety and sanitation standards.

Expertise and Innovation

Oloye’s expertise spans all hair textures, from straight to natural, drawing on her extensive background as a licensed cosmetologist and an MBA graduate. Over the years, she’s developed a range of products specifically targeting hair growth, inspired by her work with clients experiencing hair loss conditions, such as alopecia. Working closely with chemists and medical professionals, Oloye formulates her plant-based products to meet the unique needs of her clients.

A Mission to Inspire

Oloye’s goal is straightforward but powerful: to inspire others to embrace their best selves and build confidence from the inside out. “So many women, men, and children have benefited from using Cashmere Lux Hair products, and I’m humbled to the core,” she shares.

Through her work at Cashmere Lux, Folashade Oloye continues to make a lasting impact on the lives of her clients, empowering them with knowledge, quality products, and an unwavering commitment to healthy, beautiful hair.

Cashmere Lux is located at

1915 Greenview Pl SW suite c, Rochester, MN 5590

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