Regis Corporation owns, operates, and franchises hairstyling and hair care salons.
The company franchises or owns salons in North America and the United Kingdom. The company's locations consist of franchised salons and company-owned salons. Each of the company's salon concepts generally offer similar salon products and services and serve the mass market.
The major services supplied by the salons are haircutting and styling (including shampooing and conditioning) and hair coloring. Salons also...
Regis Corporation owns, operates, and franchises hairstyling and hair care salons.
The company franchises or owns salons in North America and the United Kingdom. The company's locations consist of franchised salons and company-owned salons. Each of the company's salon concepts generally offer similar salon products and services and serve the mass market.
The major services supplied by the salons are haircutting and styling (including shampooing and conditioning) and hair coloring. Salons also sell a variety of hair care and other beauty products. Salons operate primarily under the trade names of Supercuts, SmartStyle, Cost Cutters, First Choice Haircutters and Roosters and they generally serve the value category within the industry.
Segments
The company operates through two segments, Franchise Salons and Company-owned Salons.
Franchise Salons
This segment includes franchised salons located mainly in strip center locations and Walmart. Franchise salons offer hair care and beauty services and retail products. This segment operates primarily in the U.S., Puerto Rico, and Canada and primarily includes the Supercuts, SmartStyle, Cost Cutters, First Choice Haircutters, Roosters, and Magicuts concepts.
Company-owned Salons
This segment consists of company-owned salons located mainly in strip center locations and Walmart. Company-owned salons hair care and beauty services and retail products. SmartStyle, Supercuts, Cost Cutters and other regional trade names operating in the U.S. and Canada are generally within the Company-owned salons segment.
Salon Concepts
The company's salon concepts focus on providing hair care services and professional hair care products. Descriptions of the company's salon concepts are listed below:
Supercuts: Supercuts salons provide consistent, hair care services and professional hair care products to guests at convenient times and locations. This concept appeals to men, women, and children.
SmartStyle/Cost Cutters in Walmart stores: SmartStyle and Cost Cutters salons offer a full range of custom styling, cutting, and hair coloring, as well as professional hair care products and are located in Walmart Supercenters. This concept has primarily a ‘walk-in’ guest base with value pricing. The company has franchised and Company-owned SmartStyle and Cost Cutters salons located in Walmart Supercenter locations throughout North America.
Portfolio Brands: Portfolio Brands salons are made up of acquired regional salon groups operating under the primary concepts of Cost Cutters, First Choice Haircutters, Roosters, Hair Masters, Cool Cuts for Kids, Style America, Famous Hair, Magicuts, Holiday Hair, and TGF, as well as other concept names. Most concepts offer a full range of custom hairstyling, cutting and coloring services, as well as professional hair care products. The company has franchised and Company-owned Portfolio Brands locations throughout North America.
International Salons: International salons are locations operating in the United Kingdom, primarily under the Supercuts and Regis concepts. These salons offer similar levels of service as the company’s North American salons. Salons are usually located in prominent high-traffic locations and offer a full range of custom hairstyling, cutting and coloring services, as well as professional hair care products. The company has franchised international locations.
Affiliated Ownership Interest
In May 2024, the company sold its stake in in Empire Education Group, Inc. (EEG) to the controlling owner.
Corporate Trademarks
The company holds numerous trademarks, both in the United States and in many foreign countries. The most recognized trademarks are ‘SmartStyle,’ ‘Supercuts,’ ‘Regis Salons,’ ‘Cost Cutters,’ ‘First Choice Haircutters,’ ‘Roosters’ and ‘Magicuts.’
Governmental Regulations
In the United States, the company's franchise operations are subject to the Federal Trade Commission's Trade Regulation Rule on Franchising (the FTC Rule).
The company is subject to the informational requirements of the Securities and Exchange Act of 1934, as amended (Exchange Act). The company therefore files periodic reports, proxy statements and other information with the Securities and Exchange Commission (SEC).
History
Regis Corporation was founded in 1922. The company was incorporated in 1954.
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