Fast-Growing Hair Color Maker Madison Reed Opens 50th Storefront

At home hair color brand Madison Reed has opened its 50th Hair Color Bar. The new Roslyn, NY brick and mortar location marks its sixth in the New York tri-state area, which includes New Jersey and Connecticut.
 
The milestone opening comes during a major period of growth for the brand. Amidst a global pandemic, Madison Reed managed to grow their team 2x within 18 months, while maintaining all jobs. As stay-at-home orders became the norm in 2020, the brand temporarily paused operations in its then 12 hair color bars and pivoted its employees to Color Crew, the online support team of licensed colorists. Today, there are 50 Hair Color Bars nationwide. 
 
Madison Reed plans to open its seventh Hair Color bar in early 2022 in Brooklyn's Williamsburg neighborhood. The brand will also open several locations across California, Florida, Illinois, New Jersey, Oregon, and more in 2022, it said.
 
Earlier this year, Madison Reed announced a $52 million funding round to fuel its omnichannel expansion and build upon the 130% growth it saw during 2020. As a part of their growth plans in 2022, Madison Reed is expected to hire more than 750 new colorists to staff their rapidly expanding Hair Color Bars across the country.
 
“We opened our first Hair Color Bar with the belief that salon-quality hair color should be convenient, affordable and made with ingredients our clients can feel good about. Madison Reed has reinvented the hair color experience by giving women the opportunity to feel their best self with convenient and affordable hair color services that deliver gorgeous results each and every time,” said Amy Errett, CEO and founder of Madison Reed.

Errett says the company will have more than 80 locations by the end of 2022.