Jawed Habib Hair and Beauty Ltd, the salon chain controlled by celebrated hair stylist Jawed Habib is set to increase the number of salons from the current 312 to 5,000 in the next five years.
The move is significant, given especially the fact that Jawed Habib is the only salon with the massive national footprint. Much of the industry is still dominated by unorganized players.
The model which functions on a franchisee basis with require an investment of Rs 40 crores to fund the manpower training .
“We are basically looking to ensure we capture the complete market before any other organised player is able to make a mark,” said Rohit Arora, executive director, Jawed Habib.
Habib currently employs about 1800 people, across the salons. This number is set to go up to almost 25,000 people once the expansion bears fruition.
Also, salon is set now to foray into products along with lines of what the now famous product lines like L’oreal have done. According to Arora, margins on sale of products would be almost triple that of services.
“Salons such as Lakmé and L'Oreal have moved from products to services. We will have the advantage of transitioning from services to products,” Arora explained further.