9 years ago
Rush Secures £16m Investment from LDC for UK Expansion
Rush, a Croydon, UK-based hair and beauty brand, has secured a £16 million growth investment from private equity firm LDC
The investment will be used to expand the brand to other major UK cities, open a new academy in Covent Garden, and invest in its online platform, Shop Rush
Founded in 1995, Rush currently operates 85 salons mainly concentrated in London and the South East and generates over £36 million in annual revenue.
ProblemRetail
"The UK hair and beauty market is fragmented, with many small independent salons and limited options for training and career development."
Solution
"Rush is offering a high-quality hair and beauty experience in a modern and professional environment. They're also expanding their network of salons across the UK, offering training and career development opportunities for stylists, and launching an online platform for hair and beauty products."