Madison Reed’s Amy Errett Named to Entrepreneur’s 100 Powerful Women
Errett recognized for leadership during a pandemic
Oct 6, 2020
SAN FRANCISCO –October 6, 2020--- Entrepreneur magazine today named Amy Errett, CEO and founder of Madison Reed, to its second annual list of 100 Powerful Women, which recognizes leaders driving change and impacting the landscape of the business world.
“I am deeply honored to be among this group of leaders who---especially during this moment--- are redefining how we think about impact in business,” said Errett, who founded San Francisco-based Madison Reed six years ago. “Each of these women has navigated a year like no other--- and showed us the best of business; the best of ourselves.”
In announcing the 100 Powerful Women, the editors of Entrepreneur said, “there's one common thread that unites the trailblazing women on this list, they know that their work can help make our world a better, safer, healthier, and more equal place.”
The Entrepreneur recognition for Madison Reed and Errett comes during a period of high growth for the brand. During the peak of shelter-in-place and the temporary closures of its Color Bars, Errett led the company through a critical pivot. Seeing the start of what would be a 12X surge in demand, she transitioned virtually all of the brand’s “behind the chair” colorists to roles in customer service. There were no layoffs.
Following strict Covid protocols, the company has begun reopening its unique concept Color Bars across the country-- in New York City, the San Francisco Bay Area and Texas, and added new locations in greater Atlanta, in the Washington, D.C. area, King of Prussia and, just last week, in the Town Center at Boca Raton, FL. All of this comes as the brand entered the men’s hair color category for the first time and introduced an all-new product line: Color Therapy Depositing Hair Masks.
“We are so humbled that so many have chosen us during this time,” Errett said. “We understand how fortunate we’ve been and with that good fortune comes the responsibility to double our commitment to driving change for the better.”
In reflecting on the lessons from her past that helped her navigate 2020, Errett told Entrepreneur she learned very early in her career that working to earn the trust and respect of her team is not only the first thing, it’s everything. “Invest in people and the extraordinary will happen,” Errett said.
About Madison Reed
Madison Reed is a beauty company revolutionizing the way we color our hair. The fast-growing startup has created a luxurious hair-color formula free of the eight harsh ingredients--Smart 8-- typically used by other brands. Madison Reed uses proprietary color-matching technology and a team of professional, on-call colorists to help clients choose the perfect shade of hair color, which is delivered to their door. In 2017, Madison Reed brought its gorgeous colors to physical retail, opening its first Color Bar in New York City. Color Bars give clients the opportunity to have the same Madison Reed color applied by a professional colorist. With the opening of three new Color Bars next month in the DC metro area, Madison Reed will have 20 locations across the country -- in the San Francisco Bay Area, Texas, greater Atlanta, the Washington, D.C. area, King of Prussia, PA, and its newest Color Bar in Boca Raton, FL. Madison Reed® Mr.™ Hair Color for Men is available exclusively at MadisonReedMR.com and will be debuting at Madison Reed Color Bars in the fall. The company’s women’s line can be found online at madison-reed.com and ulta.com, or in-store at Ulta Beauty and Madison Reed Color Bars.
“I am deeply honored to be among this group of leaders who---especially during this moment--- are redefining how we think about impact in business,” said Errett, who founded San Francisco-based Madison Reed six years ago. “Each of these women has navigated a year like no other--- and showed us the best of business; the best of ourselves.”
In announcing the 100 Powerful Women, the editors of Entrepreneur said, “there's one common thread that unites the trailblazing women on this list, they know that their work can help make our world a better, safer, healthier, and more equal place.”
The Entrepreneur recognition for Madison Reed and Errett comes during a period of high growth for the brand. During the peak of shelter-in-place and the temporary closures of its Color Bars, Errett led the company through a critical pivot. Seeing the start of what would be a 12X surge in demand, she transitioned virtually all of the brand’s “behind the chair” colorists to roles in customer service. There were no layoffs.
Following strict Covid protocols, the company has begun reopening its unique concept Color Bars across the country-- in New York City, the San Francisco Bay Area and Texas, and added new locations in greater Atlanta, in the Washington, D.C. area, King of Prussia and, just last week, in the Town Center at Boca Raton, FL. All of this comes as the brand entered the men’s hair color category for the first time and introduced an all-new product line: Color Therapy Depositing Hair Masks.
“We are so humbled that so many have chosen us during this time,” Errett said. “We understand how fortunate we’ve been and with that good fortune comes the responsibility to double our commitment to driving change for the better.”
In reflecting on the lessons from her past that helped her navigate 2020, Errett told Entrepreneur she learned very early in her career that working to earn the trust and respect of her team is not only the first thing, it’s everything. “Invest in people and the extraordinary will happen,” Errett said.
About Madison Reed
Madison Reed is a beauty company revolutionizing the way we color our hair. The fast-growing startup has created a luxurious hair-color formula free of the eight harsh ingredients--Smart 8-- typically used by other brands. Madison Reed uses proprietary color-matching technology and a team of professional, on-call colorists to help clients choose the perfect shade of hair color, which is delivered to their door. In 2017, Madison Reed brought its gorgeous colors to physical retail, opening its first Color Bar in New York City. Color Bars give clients the opportunity to have the same Madison Reed color applied by a professional colorist. With the opening of three new Color Bars next month in the DC metro area, Madison Reed will have 20 locations across the country -- in the San Francisco Bay Area, Texas, greater Atlanta, the Washington, D.C. area, King of Prussia, PA, and its newest Color Bar in Boca Raton, FL. Madison Reed® Mr.™ Hair Color for Men is available exclusively at MadisonReedMR.com and will be debuting at Madison Reed Color Bars in the fall. The company’s women’s line can be found online at madison-reed.com and ulta.com, or in-store at Ulta Beauty and Madison Reed Color Bars.