The expansion will be through a mixed model of ownership, namely, franchise and company owned.
The grooming and beauty business, despite the economic slowdown, has been growing in India. “The demand for in-salon skincare treatments is growing at 40-45 per cent annually. We are looking to make our presence felt in the sector,” says Dharmendra Manwani, CEO, Jean Claude Biguine House of Beauty. The demand for in-salon skin care treatments by men is also increasing by 40 per cent per annum, according to a CII reports.
Manwani cites inability of customers, who are availing basic grooming services for years to postpone treatment, as one of main reasons for growth of this business. “Hairstyling, hair-dyeing, manicure, pedicure and threading are the most sought after facilities,” according to Manwani.
The French grooming and beauty brand has also joined hands with Aditya Birla Retail to set up a departmental store format retail chain for men called ‘The Collective.’
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