25th anniversary marks Rush share buy back
From left to right: Co-Founder and Joint CEOs, Andy Phouli and Stell Andrew, and CSO Peter Phouli.
Award-winning hair and beauty brand, Rush, is marking its 25th anniversary by becoming a family-run business once again.
Co-Founders and Joint CEOs, Andy Phouli and Stell Andrew, opened their first salon in Wimbledon and following a £16 million investment from private equity firm LDC in 2016, became the fastest growing salon group in the UK with over 100 salons and sales of over £45 million.
Andy and Stell have now bought back the shares LDC acquired in Rush. Their son, Peter Phouli, has also joined the Board.
Commenting on the future of Rush, Peter Phouli says:
“We plan to strive for digital innovation in the industry and to listen to what our clients want. This is reflected by the fact we are repositioning our brand values in order to meet the needs of clients, and increasing our focus on quality of product and service even further, to ensure every client experience at Rush is a truly great one.”
Joint CEO of
Rush, Andy Phouli adds:
“We are really proud of what we have achieved in the past 25 years. We have certainly come a long way since those early days when we opened the salon in Wimbledon.”