
Truefitt & Hill, a unique luxury barber shop is on an expansion spree. Lloyds Group ventured into Lloyds Luxuries Ltd, which acquired the master franchise license for India to enter into retail and luxury.
Focussing on the company growth and expansion, Istayak Ansari, Director, Lloyds Luxuries Ltd says: “Our vision is to take Truefitt & Hill across more than 75 cities in India with more than 200 outlets by 2024. The salon size will be 1000 to 1500 sq. ft with an investment ranging from Rs 100- 150 lakh. We will be opening five salons in Mumbai in the current financial year across premium residential pockets. This will be followed by outlets in Delhi, Bengaluru, Pune, Chennai, Kolkata, Hyderabad and across all major tier I and II cities in India."