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Meet the hair color startup that’s giving L’Oreal a run for its money

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Why This Matters

Madison Reed is disrupting the traditional hair coloring industry by offering high-quality, convenient, and affordable alternatives to both salons and drugstore products. Its innovative approach is challenging established giants like L’Oreal, signaling a shift towards more personalized and accessible hair care solutions for consumers.

Key Takeaways

Madison Reed built a better box of hair dye—then a chain of salons, a wholesale business, and a devoted membership base. Now it’s coming for the incumbents. For decades, the millions of American women who dye their hair had two options: They could spend three hours and upwards of $300 in a salon or grab a $10 box off the drugstore shelf, squint at the ingredient list, and hope for the best. There was no middle ground.