Brothers Toni and Guy Mascolo set up their first hairdressing salon in Clapham, London, in 1963. They introduced a franchise system for staff who wanted to run their own salons. Today Toni & Guy has a network of 275 franchised and company-owned salons, mainly in Britain, America, Germany and Japan. This, combined with buoyant sales of its TiGi haircare products, has driven up profits 52% a year from £3.4m in 1997 to £12m in 2000, when the company had 3,100 staff.
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