πββοΈ Haircuts & Bull Runs: Can a Salon Tell You Where the Market Is Headed? ππ
Last month, my barber asked me an unusual question:
"Sir, market mein kya ho raha hai? Bahut log aa rahe hai salon mein."
That one casual line triggered an idea:
π‘ Can hair salon footfall reflect the stock market mood?
Hereβs how:
π§ In behavioral finance, indicators like lipstick sales, barbershop visits, or spa appointments often reflect consumer sentiment. When people feel wealthy or optimistic, they spend more on self-care β even small luxuries.
π A research report by IBISWorld (US) once noted: βHair salons are semi-cyclical. During good times, premium services rise. During recessions, basic cuts rule.β
So I ran a test. Compared footfall in salons (informal feedback from 5 salons in Mumbai) with market moves.
π During bullish trends (like in late 2023), there was a visible rise in salon visits, male grooming product sales, and premium services like keratin, spa, etc.
And then I looked at stocks:
π Stocks That Benefit from the βSalon Effectβ:
β
Godrej Consumer

















