Drybar

Drybar is a California-based chain of salons that provides a hair styling service known as blowouts. The company was founded in 2008 by Alli Webb.[3]

DB Franchise LLC
Drybar
Founded2008
Brentwood, Los Angeles, California
FoundersAlli Webb, Michael Landau, Cameron Webb
Headquarters
Number of locations
92[1]
RevenueUS$70 million (2015)[2]
ParentDrybar Holdings LLC
Websitethedrybar.com

History

In 2008, Alli Webb began a side business called Straight At Home, which provided an at-home hair experience.[4] As demand quickly outgrew the one-woman operation, Webb noticed a "huge hole" in her local market for a business that provided solely hair blowouts,[5] a concept that had already gained traction in larger cities such as New York City with brands like "Blo".[6] Along with her brother, Michael Landau, and her husband, Cameron Webb, Alli co-founded what would become Drybar by opening a salon in Brentwood, California in 2010. The following year, along with the help of friends, she raised $2.5 million to expand the business.[7] Once the business expanded, Drybar looked to add investors, as well as add to its board of trustees. They added Castanea Partners, a Boston-based private equity firm, to their list of investors in January 2012. Paul Pressler, the former CEO of GAP and President of Disney, became an investor and board member. Janet Gurwitch, the founder & former CEO of Laura Mercier Cosmetics, also became an investor and board member at Drybar.[8]

In 2019, the American consumer goods corporation Helen of Troy acquired the Drybar trademark.[9] In 2021, WellBiz Brands, Inc. acquired the Drybar shops' franchise rights.[10]

Style of business

Everything at Drybar is referenced using the “bar vernacular”. The cashiers are called “bartenders” and hairstyles are named after cocktails, such as the Cosmo, Mai Tai, or Manhattan.[7] The idea behind this came from Webb. Webb’s vision is present in the designs of architect Josh Heitler.[11] Heitler, principal of a boutique architectural firm and now a partner in the company,[7] came up with the design elements and look of Drybar.[3] Instead of the typical salon setup, clients at Drybar “sit facing a U-shaped or single-stretch bar, with their backs to the mirrors,” which brings to mind sitting at a bar rather than being at a salon.[3] The bars have flat-screen televisions that generally screen chick-flick movies. Aesthetically, all Drybars look roughly the same.

Locations

Drybar revenue grew from $1.5 million in 2010 to $19 million in 2012 and to $39 million in 2013.[12] As of January 2016, Drybar had 66[1] locations in 11 states, Washington DC and Vancouver, British Columbia.[5][13] As of November 2017, the number of locations had expanded to almost 90.[14] As of October 2018, the company has over 100 locations and 3000 employees. [15]

Products

Looking to increase revenue, Webb (along with the help of Board member and investor Janet Gurwitch) developed a line of products specifically for Drybar.

In 2013, after testing the line in about 70 Sephora locations, Drybar then went ahead with 300+ Sephora shops and QVC to launch their line of products.[16]

The motto of Drybar is "No cuts. No color. Just wash & blowouts."[17] which is a reference to their primary service offering.

References

  1. "About Us". thedrybar.com. Retrieved 1 November 2016.
  2. O'Connor, Clare. "How Alli Webb Grew Drybar From Her Backseat To A $70 Million Blowout Chain". Forbes. Retrieved 19 February 2021.
  3. Meghan, Casserly (2012-11-11). "Drybar: How One Woman And A Hair Dryer Became A $20 Million Operation". Forbes.
  4. "About Us". Drybar.
  5. Chan, Jennifer (2013-07-22). "Trendsetters at Work: Drybar Founder Alli Webb". E Online.
  6. Moratto, Anne. "Modern Exclusive: An Interview with the CEO of Blo Blow Dry Bar".
  7. Bronner, Sasha (2013-06-19). "Drybar's Alli Webb Talks Borrowing Money and How to Make a Blowout Last: My LA". Huffington Post.
  8. "Drybar Announces New Investment- Appointment of Paul Pressler and Janet Gurwitch to Board". PR Newswire. 2012-01-20.
  9. "Helen of Troy Announces Agreement to Acquire Drybar® Prestige Hair Care Products". www.businesswire.com. 2019-12-19. Retrieved 2022-08-13.
  10. Inc, WellBiz Brands. "WellBiz Brands, Inc. Announces Acquisition of Drybar Franchise Rights". www.prnewswire.com. Retrieved 2022-08-13. {{cite web}}: |last= has generic name (help)
  11. "With Drybar, a Curly-Haired Girl Wages a Global War on Frizz". The New York Times. 2015-04-25. ISSN 0362-4331. Retrieved 2018-05-08.
  12. Meany, Kelsey (2013-07-13). "Blow Dry Bars Are a Thriving Industry Disrupting the Salon Business". The Daily Beast: Business.
  13. "Find a Drybar Near You". Drybar.
  14. "Drybar Founder: Life is too short to work someplace lame". 2017-11-15.
  15. Anna LaPlaca (2018-10-31). "Drybar Founder Alli Webb Shares Her Best Style Advice". Who What Wear. Retrieved 2020-01-02.
  16. Staff (2013-01-03). "Drybar Launches Product Line, Names New CFO". New York Business Journal.
  17. Petrecca, Laura (2012-08-13). "No Haircuts or color: Blowdry bars are a booming business". USA Today.
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