Regis Plans Growth for Sassoon

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Dec 01, 2003

Edina, Minnesota-Regis Corp. bought 758 hair salons in 25transactions during fiscal year 2003, but one of the most importantfor future growth was the acquisition of Vidal Sassoon, companiesofficials say.

The franchisor and operator of hair salons will put that buy towork when it opens two studio-size Sassoon stores in the UnitedKingdom in December and another in Chicago early next year. Regisplans to add about 10 annually for a few years after that andultimately expects to have more than 200 of the salons. –TheMinneapolis/St.Paul Business Journal

Edina, Minnesota-Regis Corp. bought 758 hair salons in 25transactions during fiscal year 2003, but one of the most importantfor future growth was the acquisition of Vidal Sassoon, companiesofficials say.

The franchisor and operator of hair salons will put that buy towork when it opens two studio-size Sassoon stores in the UnitedKingdom in December and another in Chicago early next year. Regisplans to add about 10 annually for a few years after that andultimately expects to have more than 200 of the salons. –TheMinneapolis/St.Paul Business Journal

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