Nail salons are next in line for Starbucks-style expansion after decades of being overlooked by investors, the boss of the UK’s largest luxury chain has said, after clinching a £130 million valuation.
Townhouse, which runs 40 luxury nail salons in the UK, said it was targeting hundreds of new franchised sites after securing backing from the US private equity firm behind the Burger King and Tim Horton chains in China.
