My Saved Articles Sign in Sign up. Despite the meteoric growth, Jawed says he still loves cutting hair and talking to his clients, because that is the time he gets to understand their real needs and demands. The competition is high and operates at several local and regional levels. Building a brand Call it beginners luck or an astute business sense, Jawed very early on realized that people would need haircuts forever and went about it in an organized manner. Most participants in his workshop have been students keen to learn the art of cutting.
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A barber hoping to raise Rs 60 crore through an IPO begs a fundamental hhd question: Choose your reason below and click on the Report button. On the other end celebrity hair stylists like Aalim Hakim and Adhuna Bhabani Akhtar in Mumbai are powering their parlours by an A-list clientele from the glamour industry.
Former Religare chief Sunil Godhwani haib conspiracy of current management, erstwhile promoters. Will be displayed Will not be displayed Will be displayed. Jawed Habib is today a well-known figure in the beauty business, but when he started out in the industry, hair cutting or being a barber was anything but glamorous.
Revenue growth will be limited to the expansion of the network of hair salons to tier I and tier II cities. But even the housewives back then would ask for minimal work, because of the fetish we Indians have for long hair. So what makes Habib so confident? We will have the advantage of transitioning from services to products.
Jwaedthe company had a chain gd 37 salons. Though the numbers are impressive, the sector is unorganised. On doubts of whether the stock will excite hhd, Arora says: The plans to go the IPO route were subsequently delayed because of a slow market and now Jawed has trained his eyes on the luxury segment of the grooming business. The outlook in the West was very different from how Indians perceived the space and that is an opportunity Jawed spotted.
Even they bank on a wide range of beauty treatments and branded beauty products to accelerate growth.
How Jawed Habib made hair cutting trendy and being a barber an acceptable profession
In five years, he owns a chain of salons across 62 cities that attract customers mostly because they carry his name: He setup 50 salons across many cities in the country in the first five years.
Growth Pangs Though experts do not deny the potential, they are unsure that the business is scalable. Fill in your details: Today Jawed has salons across 92 cities in India and he has set himself and ambitious goal of opening 2, more salons in another five years.
The move is gutsy, to say the least.
74 Best Jawed Habib images | Appointments, Hair cut, Hair cuts
This will alert our moderators to take action Name Reason for reporting: The competition is high and operates at several local and regional levels. Most places he would train the staff himself and open stores with the help of franchisees. Read more on Jawed Habib Hair. His earlier clientele were mostly housewives and families who came for a differentiated experience to Jawed Habib salons compared to their neighbourhood parlours. Modern Beauty Salon Holdings.
Lifestyle companies usually faced this problem in the past.
Habib appears unfazed by the scepticism. Arora is tight lipped. The profit margins too are set as each salon will accrue fixed revenues. But the barber businessman claims to have covered all angles. International Business World News. Never miss a great news story!
Jawed is extremely confident about his own skills and that he thinks has helped him overcome all problems.