Hairdressing chain to bail out Irish franchise

A British hairdressing chain is preparing a multimillion rescue package to save the Irish wing of Toni & Guy, the multinational hair salon and product company.

Ian Kehoe - avatar

Ian Kehoe

23rd June, 2007

A British hairdressing chain is preparing a multimillion rescue package to save the Irish wing of Toni & Guy, the multinational hair salon and product company.

Toni & Guy (Ireland), which holds the Irish master franchise for the hair chain, went into examinership last Friday morning amid claims of fraud and financial irregularities. The business has debts of €3.5 million.

The company operates 12 salons and beauty clinics in Ireland and a Dublin training academy....

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