FTI Consulting

McLean, Va. — Close to a year ago, Hair Cuttery’s former owners filed for Chapter 11 bankruptcy protection after having to close all of the company’s salon locations. The bankruptcy followed years of changing consumer preferences, increased competition and existing organizational issues, which COVID-19 only exacerbated. With what was about to happen to the entire world, timing could not have been worse for the former ownership. Just months later, the world came to a startling halt. However, a new opportunity for Hair Cuttery was just around the corner. In June …

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