something sounding professional... perhaps: "[Name] and [Name]" (names of founders of business) or perhaps just your name... like Joh Bailey
I once heard of a salon called 'Curl Up And Dye' -I thought that was cute!
"Shuum" is a very interesting name for a hair salon. Even the way they say it on the phone is interesting "Shuuuuuuuuuum Hair, Natalie speaking!"
A Cut Above The Rest?! Curl Up and Dye is funny. I remember reading an Adam Zwar article in the Sunday Herald Sun about a month ago that had about 20 funny hair salon names like that! But I think the best is just the simple name of the people, like Jones and Jones Hair Salon, etc. Sounds more sophisticated than something witty.
Unless you're opening in Italy, or your NAME is known in your town, I wouldn't do that. Most people don't speak Itallian, and if they don't know who YOU are, they could care less about "rae". What they CARE about, is getting a GREAT style at a GOOD price. I would make my NAME reflect that idea - or at least one of them... I'd name it, "Hairalicous", "Fantasmo Cuts", or "Cheap Cuts", or "WhoopdyDO", or just plain "Hair". You could say "Hair by Rae". Simple is better and much more memorable.