Hairdressers preparing price hikes as rising costs squeeze margins
Briefly

Hairdressers preparing price hikes as rising costs squeeze margins
"Hairdressers across the country are preparing to increase their prices as mounting cost pressures including pension auto‑enrolment, higher product prices and the minimum wage rise put pressure on already tight margins."
"An Irish Independent survey of 151 independent salons revealed over half have already raised prices or intend to do so in the coming months, planning price hikes of between 3-5pc."
A survey of 151 independent salons found that more than half have already raised prices or plan to do so in the coming months. Many salons plan increases of about 3–5%. The increases respond to mounting cost pressures including pension auto‑enrolment obligations, higher wholesale and retail product prices, and a recent rise in the national minimum wage. Salon owners report that these cost increases are squeezing already tight profit margins and forcing operational adjustments. Price rises are being positioned as necessary to maintain service levels, cover labor costs, and preserve business viability.
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