Shahnaz Husain - A Successful Indian Woman Entrepreneur
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THE TURNING POINTThe turning point in her
business came when she represented India at the Festival of India in 1980.
Her team was given a counter in the perfumery section of Selfridges in
London. She managed to sell her entire consignment in 3 days and also broke
the store's record for cosmetics sales for the year. As a result, she was
offered a permanent counter in Selfridges.
Shahnaz was the first Asian whose goods were retailed by the the Galeries
Lafayette in Paris. Although it was not easy to enter the highly competitive
western markets and especially difficult to attract attention to the Indian
system of Ayurveda, she was able to gain a firm foothold in the markets.
Shahnaz Husain products are sold at many prestigious stores around the world
such as Harrods and Selfridges in London, the Galeries Lafayette in Paris,
Bloomingdales in New York, the Seibu chain in Japan and Sultan Stores in the
Middle East. Her products are also carried by other exclusive outlets in the
Middle East, Asia and Africa.
Shahnaz Husain has used the franchising mode to expand
her business in India and abroad. She has a large network of over 600
franchises and associate clinics around the world. All the franchisees
are required to undergo training in specialized treatments at Shahnaz
Husain's school of beauty therapy. All franchisees obtain the right to
use the Shahnaz Husain name and her specialized treatments and are
allowed a 30% profit margin on the sale of Shahnaz Husain products. |
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In 2002, the Shahnaz Husain Group obtained distributor
rights for Australia, New Zealand and the Fiji Islands. Distribution
channels were first set up in the major cities of Australia, and later in
New Zealand and Fiji. This was followed by the setting up of herbal clinics,
first in Sydney and later in other Australian cities, New Zealand and Fiji
by the first half of 2003.
The Shahnaz Husain Group has about 40 distributors and more than 600 sub
distributors all over India. The Group sells not only in the cities but also
in the small towns. In addition, the Group owns about 20 clinics and outlets
in New Delhi. All other outlets are run on the franchise system. The Group
does not make any financial investment in its franchises, nor does it have
any share in their profits.
DIVERSIFICATION
The Group has diversified into Ayurvedic centers for Panchkarma, Dhara and
Kerala massage.[2] It has also set up two Shahnaz Husain Ayurvedic Health
Resorts, one near Delhi and another in collaboration with the Hyakumata
group of Japan in the US island of Saipan. These resorts which can
accommodate about 200 people at a time, aim at providing urbanites
treatments and programs designed to counteract the stress of modern life.
The Group has also been holding discussions with major five star hotels in
New Delhi and New York to set up health spas.
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ENTREPRENEURSHIP-THE SHAHNAZ HUSAIN WAY
THE TURNING POINT
DIVERSIFICATION
TRAINING FUTURE ENTREPRENEURS
LESSONS ON ENTREPRENEURSHIP
QUESTIONS FOR DISCUSSION
EXHIBIT I MAJOR AWARDS WON BY SHAHNAZ HUSAIN
EXHIBIT II AYURVEDA
EXHIBIT III THE SHAHNAZ HUSAIN PRODUCT RANGE
ADDITIONAL READINGS & REFERENCES
[2] Panchkarma is an ayurvedic
revitalization program. It is a complex system of therapeutic actions which
activate the curative powers of the mind and body. Panchkarma literally
means five actions, which flush out the system and eliminate toxins from the
body. Dhara means flow, and signifies downward flow. This is a pre
panchkarma therapy to open the channels of the mind and body to facilitate
treatment. The renowned Kerala Massage also uses this form of therapy.
Various essential oils such as Chandanadi Tel, Dashmool Tel, Ksirabala Tel,
Dhanvantara Tel, etc. along with a variety of powders are used in this form
of therapy.
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