Shahnaz Husain
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I do not sell products. I sell an entire civilization in a jar."
-Shahnaz Husain
"She lives, sleeps, breathes her business. She is consumed with building a successful company which she has done."
-Janine Sharell, Correspondent, CNN
'INTRODUCTION'
She captured the markets around the world and now she wants to conquer space. In an innovative move, Shahnaz Husain has started work on formulations that astronauts could carry with them in their extraterrestrial sojourns to protect their skin from the ravages of space travel and slow down the ageing process. She has sent National Aeronautics and Space Administration (NASA) free samples of her moisturizers, hoping that they will be used on space expeditions. Shahnaz Husain is one of India's most successful women entrepreneurs.
Her company, Shahnaz Husain Herbals is one of the largest manufacturers of herbal products in the world. It formulates and markets over 400 products for various beauty and health needs and has a strong presence across the globe, from the USA to Asia. (late 1970s to the early 1980s) was 15-20%. In the 1990s the average growth rate was 19.4%.
In 2002, the Shahnaz Husain Group, based in New Delhi, was worth $100 million. It employed about 4200 people in 650 salons spread across 104 countries.
The Group has seen a good growth rate in the 25 years that it has been in business. The average growth rate in the initial years (late 1970s to the early 1980s) was 15-20%.
In the 1990s the average growth rate was 19.4%. A number of awards, both national and international have been conferred on Shahnaz Husain. Some of them are "The Arch of Europe Gold Star for Quality", "One of the Leading Women Entrepreneurs of the World", "The 2000 Millennium Medal of Honor", "Rajiv Gandhi Sadbhavana Award", etc. (Refer Exhibit I & II)
[[THE MAKING OF AN ENTREPRENEUR]]
Shahnaz Husain belongs to a royal Muslim family which migrated from Samarkhand to India and later held high positions in the princely kingdoms of Bhopal and Hyderabad before India's independence. Shahnaz received her schooling in an Irish convent and because of the influence of her father, Chief Justice N.U. Beg, she developed a love for poetry and English Literature. She thus had the advantage of growing up in a traditional family and receiving a modern education. She was married at the age of 15 and was a mother by the next year.
When her husband was posted in Teheran, Iran, she developed an interest in beauty treatments and decided to study cosmetology. To support the expenses of the training financially, she wrote articles for the Iran Tribune on various topics under different names. In the course of her studies, she learnt of the harmful effects of chemicals on the human body.
Consequently, she turned her attention to Ayurveda (Refer Exhibit III), which she believed was the ideal alternative to chemical cosmetics, which not only harmed the human system but also led to the deterioration of the environment in the long run.
After leaving Teheran, she trained extensively in cosmetic therapy for 10 years in some of the leading institutes of London, Paris, New York and Copenhagen. On her return to India in 1977 she set up her own salon at her house in Delhi with an initial investment of Rs 35000. In contrast to salons offering chemical treatments, Shahnaz offered Ayurvedic products.
Shahnaz Husain, Chief Executive Officer of Shahnaz Herbals, is a prominent Indian female entrepreneur best known for her herbal cosmetics, particularly skin care products. Currently, the Shahnaz Husain Group has over 400 franchise clinics across the world covering over 138 countries. Her group’s products are sold in leading global stores including Blooming Dales (New York), Galleries Lafayette (Paris), Seibu (Japan), Harrods and Selfridges (London), and La Rinaeccente (Milan). She has been awarded the Padma Shri, a civilian award by the Government of India in 2006.
The Shahnaz Husain Group has three business models: Shop-in-shop, where the products are sold by trained beauty advisors, Retail (both organized and through wholesalers), and through and to Beauty Parlors.
The company has a recently created a Fairness product called FairOne which is now the 3rd most popular brand in India today.
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[edit] Starbucks Controversy
In March 2007 Husain drew the ire of U.S. coffee shop giant Starbucks Corp. over her plans to open a chain of coffee shops in India called Starstrucks. Her planned chain of coffee shops would be heavily influenced by moviestars and have a glamor theme, hence the play on "star-struck".[1] Starbucks believes the planned chain would infringe its trademark.
[edit] A quote
- "I do not sell products. I sell an entire civilization in a jar." —Shahnaz Husain
[edit] References
- The Voyage To Excellence (ISBN 81-223-0904-6) by Nichinta Amarnath and Debashish Ghosh