MINNEAPOLIS–(BUSINESS WIRE)–Regis Corporation (NYSE:RGS), a pacesetter within the haircare {industry}, whose main enterprise is franchising, proudly owning, and working technology-enabled hair salons, introduced it’s outsourcing product distribution as half of an asset-light, totally franchised mannequin to Beauty Systems Group and SalonCentric Inc.
“Our new distributors will ship aggressive pricing, promotional advantages, best-in-class academic property, and ongoing help to our franchisees to assist their companies develop. This is an thrilling change for all Regis manufacturers and franchisees as we enter a brand new chapter for merchandising and alter our infrastructure to conform to an asset-light, totally franchised enterprise mannequin” mentioned Felipe Athayde, Chief Executive Officer.
Together, the distributors carry on-line ordering portals, greater than 1,800 retailer places and elevated distribution factors throughout the United States and Canada for sooner entry to merchandise. Regis’ non-public label manufacturers, designline®, Blossom Pure Haircare®, and a brand new males’s line, PrototypeTM, will probably be distributed completely by the companions to Regis franchisees.
“Beauty Systems Group is worked up to associate with Regis and their franchisees as one of their main distributors. The Regis salon community suits nicely with our geographic attain throughout North America and we glance ahead to serving their franchisees and strengthening our relationship,” mentioned Mark Spinks, President of Beauty Systems Group.
Bertrand Fontaine, President of SalonCentric added, “SalonCentric is delighted to welcome Regis to the SalonCentric household. Our educated and passionate groups will present Regis franchisees with industry-leading academic and digital help, as nicely as steerage in rising their salon companies. We look ahead to providing revolutionary options, product data and high quality buyer care to our new associate.”
About Regis Corporation
Regis Corporation (NYSE:RGS) is the world’s largest and main hair salon firm. As of March 31, 2021, the Company franchised, owned or held possession pursuits in 6,221 worldwide places. Regis’ franchised and company places function below ideas such as Supercuts®, GoodStyle®, Cost Cutters®, Roosters® and First Choice Haircutters®. Regis maintains an possession curiosity in Empire Education Group within the U.S. For extra details about the Company, together with a reconciliation of sure non-GAAP monetary data and sure supplemental monetary data, please go to the Investor Information part of the company web site at www.regiscorp.com.
About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH), as the chief in skilled hair colour, sells and distributes skilled magnificence provides globally by its Sally Beauty Supply and Beauty Systems Group companies. The Company operates roughly 5,000 shops, together with 141 franchised places. Sally Beauty Supply shops supply up to 8,000 merchandise for hair colour, hair care, skincare, and nails by proprietary manufacturers such as Ion®, Generic Value Products®, Beyond the Zone® and Silk Elements® as nicely as skilled strains such as Wella®, Clairol®, OPI®, Conair® and Hot Shot Tools®. Beauty Systems Group shops, branded as CosmoProf® or Armstrong McCall® shops, together with its outdoors gross sales consultants, promote up to 10,500 professionally branded merchandise together with Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico® and CHI®, supposed for use in salons and for resale by salons to retail customers. For extra details about Sally Beauty Holdings, Inc., please go to www.sallybeautyholdings.com.
About SalonCentric
SalonCentric, headquartered in St. Petersburg, Fla., is the premier distributor of salon skilled merchandise within the U.S. Created by L’Oréal USA in 2008 and working in 48 states, SalonCentric has greater than 550 gross sales consultants, 585 SalonCentric shops and 260 State and RDA shops. SalonCentric’s imaginative and prescient is to be an inspirational power within the growth and success of magnificence professionals by offering the very best manufacturers, the very best training, the very best know-how and the very best business-building help. Our dedication to the {industry} additionally extends to proactively preventing diversion, and defending approved channels of distribution. Brands distributed by SalonCentric embrace: AIR®, Alterna®, Amika®, Authentic Beauty Concept, Bioelements, Bio Ionic®, BosleyMD®, Creative Nail DesignTM, Design.ME, Dermalogica®, Fatboy®, FHI, Hempz®, Kenra®, L’ANZA®, L’Oréal Professionnel, Matrix, Mizani®, Moroccanoil®, Olaplex®, Pravana®, Product Club, ProlificTM, Pulp Riot, Pureology®, Redken fifth Avenue NYC, Sam Villa®, SexyHair®, Surface®, Tressa® and plenty of different superb manufacturers. For extra data, go to www.saloncentric.com.
https://www.businesswire.com/information/dwelling/20210803005205/en/Regis%C2percentAE-Partners-With-Industry-Leaders-for-Product-Distribution-as-Part-of-New-Merchandising-Strategy-Upon-Shift-to-Asset-Light-Fully-Franchised-Business-Model
