‘This wasn’t a get rich quick scheme

Date:

Thea Green says innovation has been a key driver in Nails.INC's growth over 25 years.
Founder Thea Green says innovation has been a key driver in Nails.INC’s growth over 25 years.

Thea Green admits that she’s not one to get nostalgic in business as she charts the success of her British brand Nails.INC, its 25-year journey and the current move to break the US market. Yet the entrepreneur fondly recalls opening the first innovative nail bar concept in London as an “unbelievable experience”.

Back in the late 1990s, Wirral-born Green was travelling back and forth to the US as a fashion editor for Tatler when she noticed that the UK was shorn of the speedy and efficient nail bars proliferating New York. A light-bulb moment prevailed when she also realised a gap in the market to use high-quality nail products.

With £250,000 from private investors and an early business partner in tow, Green, then aged 23, opened the doors to her South Molton Street store in 1999 and went one step ahead from the off by launching a product range as well as a service business.

Read more: ‘Bear Grylls was our 8,000th water filter customer and then became a co-owner’

For the first 12 months, lunchtimes saw women queuing 45 minutes for a 15-minute manicure with an entry price of £10, while Nails.INC products were immediately stocked in department stores.

Green, 49, admits that her knowledge was “postage stamp size”. She had to quickly understand wholesale, retail, staffing, stock manufacturing, shipping and running a retail operations business.

But having worked in magazine journalism, she knew what customers wanted while she also kept abreast of future beauty trends. Today, company turnover is projected to hit £32m in 2025 — a £12m increase from 2023.

Nails.INC launched its 4-in-1 nail polish earlier this year.
Nails.INC launched its 4-in-1 nail polish earlier this year.

“I had an unwavering belief that the customer wanted to have their nails done the same way that a US customer would want to,” says Green. “That they would be no different in the UK, that women needed to save time with incredibly busy lifestyles but still wanted to look good.

“A few different nail bar chains opened within months of us. So it was definitely the right time that the consumer in the UK wanted this US trend. The only difference between us and them was that we had a range whereas the others remained a salon and service business.”

Nails.INC grew its concessions at House of Fraser and Debenhams and began to spread its customer base over multiple stores. By 2014, it had 50 salons in the UK, exported own-brand products to over 30 countries and had also launched in the US.

Read more: ‘I started my cookie dough idea aged 50 — if people believe in your passion, go for it’

Its salons were loss making in the early days. Green says that once they became profitable, the economics then changed, cost of goods rose and the firm also saw a drop in footfall at department stores. In recent years consumers have upskilled to learn nail polish at home, while Nails.INC launched a new make-up business, Inc.redible, in 2017.

Share post:

Subscribe

Popular

More like this
Related

Caleb Hearon Gets Goofy and Political in Debut Comedy Special on HBO

For Caleb Hearon, it was all about striking the...

University students ‘overwhelmed’ by managing finances in London

Gem O'ReillyLondon andHarry CraigLondonBBC / Gem O'ReillyEmily Crook, a...

Colorado Springs Hosts Its First Korean Festival: A Cultural Celebration Enhancing Travel and Tourism in the USA

Home » TRAVEL EVENT NEWS » Colorado Springs Hosts Its First Korean Festival:...

Sizewell boss: ‘The Simpsons have done nuclear a big disservice’

Image source, Michael Buckner/.Once up and running, the power...