Marie Claire Paris Salon, Wellness and Academy celebrated the country launch in India on May 5th, 2018 at JW Mariott, Sahar, Mumbai. The event was graced by prominent personalities from beauty, fashion and entertainment. Ms. Soha Ali Khan Pataudi , Vindu Dara Singh , Mr. Roberto Bre, Global CEO, Marie Claire Paris and Ms. Vandana Bhardwaj, Director, Marie Claire Salon & Wellness and academy
Marie Claire is a trend setter and a story teller. Its is an unique mix of provocative journalism and outstanding fashion & beauty. It spans 28 markets, engages and connects with more than 90 million women around the world. Fueling the modern woman’s fact-paced, style-rich life, Marie Claire is her go-to-guide for statement – making fashion, beauty, culture and entertainment. Marie Claire who is known as the Trend setter for Fashion & Beauty now extends its Licensing Vertical to India for Salon Spa & Vocational Academy for Wellness & Aesthetics. This philosophy of Marie Claire will be reflected in the Marie Claire Salon & Wellness– taking the engagement of our clients to the next level.
Beauty & Wellness Industry: The Indian Salon industry stands at a staggering USD 2 billion mark and is expected to touch USD 3.5 billion by this year. Glancing at the high growth pattern, private equity investors are eyeing the salon business and this has proven to be the key funding source for the salon industry’s growth. Today India comprises of 25 per cent organized salon market, which will increase its share to 30 per cent. The backbone of the organized salon industry is an aggressive expansion of franchisees across the nation. The Indian Salon franchise ecosystem today has a support of over 5000 franchisees. Franchise salons will stand to cover 25 per cent of the overall organized industry and will grow to be more than USD 1 billion.
The beauty and wellness industry has gained a lot of momentum in the last decade. A study jointly conducted by industry body, Federation of Indian Chambers of Commerce and Industry (FICCI) and global consulting firm Pricewaterhouse Coopers (PwC) revealed that India’s wellness industry is poised to touch Rs 1,50,000 crore in 2018, with a compounded annual growth rate of 15-17 per cent. Of the entire wellness industry, beauty care would continue to dominate with almost 50 per cent (about Rs 74,000 crore), followed by alternate therapy (about Rs 32,000 crore) and health and wellness food and beverages at about Rs 44,000 crore.