Truefitt & Hill to open 75+ stores in five years

With a legacy of more than 208 years in the men’s grooming industry worldwide, Truefitt & Hill, the world’s oldest and luxurious barbershop is all set to unwrap its new store in the upcoming corporate hub of Mumbai. The latest store will be in the premium and luxurious Palladium Mall, at Lower Parel.

Truefitt and Hill successfully introduced a new level of indulgence for the metro-sexual man that makes them one-of-a-kind brand since its first store was established in Mumbai at Khar in May’14 followed by the opening of second store in Colaba in June 14. Krishna Gupta, Managing Director, Lloyds Luxuries Ltd says: “We are thrilled with the response we have received, and are very proud to announce the opening of our third barbershop. We are also due to open a fourth store in another posh locality of Mumbai as we enter the next year.”

Further elaborating on the expansion plans, Istayak Ansari, Director, Lloyds Luxuries Ltd also states, “We will end our first year of operations with four+ open and operating stores across premium localities of Mumbai. We intend to open multiple corporate owned stores in Delhi, Bangalore, Mumbai and Pune next year. We have set a target to open 10+ corporate owned stores in the above territories. Our first store outside Mumbai will open in South Delhi. We have set a target to open 75+ stores over a period of five years of which 50+ will be corporate owned and the rest will be franchisee run. We intend to start franchising from next year onwards once we have set up operations in Delhi and Bangalore."