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Blackstone eyes $590M Juno Hair deal in South Korea

Alternative asset manager Blackstone is in talks to acquire South Korea’s top salon chain Juno Hair for $590 million, signaling growing investor interest in the booming haircare market. The deal would be one of South Korea’s largest in the personal care sector. Founded in 1982, Juno Hair operates over 180 salons and is expanding across Southeast Asia. The move aligns with global trends — L’Oréal recently acquired Color Wow, while Chinese firms like Kidswant are investing in local haircare brands. With the global shampoo market projected to hit $56.5 billion by 2032, scalp care and anti-hair loss treatments are emerging as key growth areas.

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