• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi , Jan. 4

After luxury watches and luxury accessories, it is now foreign luxury salons that are looking to grab the attention of the burgeoning number of high net worth households in India.

French salon Jean Claude Biguine, a € 150-million hair and beauty chain, will be opening its salons this year starting with three outlets in Mumbai, followed by Delhi. The company hopes to have 50 salons in the top cities by 2010, at an investment of Rs 150 crore. "We will soon be opening 3-4 outlets in Mumbai and will open about 22 outlets in the next couple of years. We will also open four training academies by 2010," Mr Dharmendra Manwani, CEO, Jean Claude Biguine India, said.

The company sees huge potential for its services in India. Last year has seen a number of foreign salon chains enter India with analysts pointing out that others such as the US firm Regis are mulling an Indian foray this year.

More Stories on : Outlook | Retailing

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
DLF doubles land bank; silent on valuations

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line