Regis Corporation

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Regis Corporation
Type Public
Traded as NYSERGS
Industry Hair
Founded 1922
Headquarters Edina, Minnesota, U.S.; stores throughout North America and Europe
Key people

Dan Hanrahan, Chairman & CEO

John H. Bradley, Senior Vice President
Products Hair cuts
Beauty products
Revenue IncreaseUS$4.5 billion USD (2006)
Employees 53,000 stylists (2005)
Website www.regiscorp.com

Regis Corporation is the largest hair salon chain in the world, with over 11,000 salons (including both company-owned and franchises), it is ranked 712 on the Fortune 1000. It has its headquarters in Edina, Minnesota.[1][2]

Its namesake is Regis Hair Salons, and it also owns the chains Carlton Hair International in Southern California, Images Salon in Las Vegas, NV, Michael of the Carlyle in Colorado Springs, and Denver, CO City Looks, Famous Hair, Best Cuts, Saturday's, HCUK, Supercuts, Pro-Cuts, Hair Crafters, Magicuts, MasterCuts, Borics Hair, Hair by Stewarts, SmartStyle, Cost Cutters, TGF Hair Salon, Hair Masters, Style America, Holiday Hair, and Mia & Maxx Hair Studio mostly in the United States, First Choice Haircutters based in Canada, and Vidal Sassoon, Jean Louis David, and Saint Algue based in Europe. In 2005 the company acquired Hair Club for Men and Women, in the hair loss field. The company recently sold all of its beauty schools to Empire Beauty School. In 2012, Regis sold Hair Club to the Japanese wigmaker Aderans.[3]

On January 10, 2006 Regis Corporation announced it would acquire the Sally Beauty Company business of Alberto-Culver. Sally has 2,419 Sally Beauty Supply stores and 822 Beauty Systems Group stores. However, on April 5, 2006, Alberto-Culver terminated the merger agreement and later Sally was spun off as a separate company.

Regis is based in Edina, Minnesota and was founded in 1922 by Paul and Florence Kunin as Kunin Beauty Salon, and renamed Regis in 1958 by their son Myron who acquired the chain.

Regis's biggest successful mergers are Sassoon and HCUK, bringing two new names to Regis, Sassoon (Vidal Sassoon) an upper class, very famous chain throughout Europe, and HCUK, formerly part of the Hair Cuttery chain. They also sell Designline hair products (2004) as well.

References[edit]

  1. ^ "Contact Us." Regis Corporation. Retrieved on January 26, 2011. "Our corporate address: Regis Corporation 7201 Metro Boulevard Minneapolis, MN 55439"
  2. ^ "Edina city, Minnesota." U.S. Census Bureau. Retrieved on January 26, 2011.
  3. ^ M&A: June 17, 2012

External links[edit]