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French spa chain Jean Claude Beguine to add 19 outlets
Posted On: 02-09-2013 00:00:00 13

As per an article in Economic Times, French luxury spa chain Jean-Claude Biguine Salon & Spa (JCB) is planning to add 19 new centers over the next 18 months. The brand is already present in Mumbai (8) and Bangalore (2) with 10 outlets and will now enter Delhi soon. All the existing outlets are company-owned and operated and future expansion will continue on this format. With an average capital expenditure of Rs 80 lakh-Rs 1 crore per store, the company expects its total investment to be about Rs 20 crore. Revenue for the current year is expected to grow 30-35 % to approx. Rs 35 crore.

Founded in 1982, the Europe based chain has over 250 salons & spas across 18 countries including the US, Italy, Japan, Russia, Switzerland and Portugal.

 
 
 

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