French salon chain Jean Claude Biguine is all set to open 50 retail outlets in India within the next three years. The euro 150 million Jean Claude Biguine hair and beauty chain will setup its first Biguine salon in Mumbai this year and then in Delhi NCR. The French company has set aside $35 million for the Indian business.
The chain, which currently has 318 salons in 17 countries, has decided to set up three outlets in Mumbai this year, and plans to open 50 salons in major cities of the country by 2010. Each salon will entail an investment of Rs.3 crore. Over the next few years, Jean Claude Biguine India will also set up several training academies.