The growth of the global high-end beauty industry is driving the rise of beauty salons which highlights professional and high-end service experiences. In the last month alone, Luxe.CO has reported two new rounds of funding for innovative companies in this section. They are Salon Republic, born in 2000 in Los Angeles, California, and Salon Lofts, born in 2003 in Columbus, Ohio.
On December 12, Salon Republic received an investment from Riata Capital Group, a Dallas-based private equity fund, and on November 30, Salon Lofts received an investment from Audax Private Equity (it had previo …