In global hair and beauty news, recent reports from overseas data organisation the Local Data Company suggest more hair and beauty salons opened in Britain in 2016 than any year before. As we love to learn from, look to and subtly compete with our hairdressing friends across the pond, this is an interesting fact worth surveying and analysing ourselves.
The research shows that barbers, beauty salons, hair salons and nail salons all took up spots in the top 10 net openings of stores from 2016 across Britain, overtaking sectors such as coffee shops and takeaways, and ensuring that, combined, the hair and beauty sector had the highest number of new businesses in the country.
“Not only does the LDC report unveil the explosive growth in the number of new barbering, beauty and hairdressing businesses, which opened in record numbers in 2016, it also provides concrete proof that salons and barbershops are facing ever-increasing competition,” explained Hilary Hall, chief executive of salon trade association the National Hairdressers’ Federation (NHF). “If they are to survive in such a tough marketplace, business owners will need to work harder than ever before on their brand and client experience to differentiate their business from the many others out there.”
Weigh in: In your experience in the Australian industry, how does this compare to our own hair and beauty marketplace?