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Regis completes PureBeauty & BeautyFirst acquisition
21 Feb '08
1 min read
Regis Corporation, the global leader in the $170 billion hair care industry, announced it has completed the acquisition of the PureBeauty and BeautyFirst salon operations.
The PureBeauty and BeautyFirst operations consist of 63 company-owned locations and 51 franchise locations operating in 20 states with consolidated annual revenues of approximately $65 million.
Including the sales of franchisees, system-wide sales are approximately $110 million. On January 18, 2008, the Company announced the signing of a definitive agreement to acquire the PureBeauty and BeautyFirst salon operations.
Regis Corporation is the beauty industry's global leader in beauty salons, hair restoration centers and cosmetology education. As of January 31, 2008, the Company owned, franchised or held ownership interests in over 13,200 worldwide locations.
The PureBeauty and BeautyFirst operations consist of 63 company-owned locations and 51 franchise locations operating in 20 states with consolidated annual revenues of approximately $65 million.
Including the sales of franchisees, system-wide sales are approximately $110 million. On January 18, 2008, the Company announced the signing of a definitive agreement to acquire the PureBeauty and BeautyFirst salon operations.
Regis Corporation is the beauty industry's global leader in beauty salons, hair restoration centers and cosmetology education. As of January 31, 2008, the Company owned, franchised or held ownership interests in over 13,200 worldwide locations.
Regis Corporation
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