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Industry buzz

L’Oréal grows in the US hair salons market

L’Oréal announced today that its US subsidiary has acquired Maly’s Midwest and Marshall Salon Services, two companies that supply over 40,000 hair salons across 8 states in the Middle West with a network of 120 representatives and 90 stores, open only to professionals.

With these two acquisitions, the SalonCentric division of L’Oréal USA is extending its network, which now covers 80% of the territory of the United States,” said the company in a release.

Maly’s Midwest and Marshall Salon Services supply; together represent sales of about US$130m in 2009.

Maly’s Midwest Home Office, in Grand Rapids, Michigan

Maly’s Midwest Home Office, in Grand Rapids, Michigan

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