Vidal Sassoon salons
This article was originally published in The Rose Sheet
Executive Summary
Regis Corporation acquires 25 Vidal Sassoon salons and four Vidal Sassoon beauty academies from Haircare Limited and has assumed licensing agreement with Procter & Gamble to expand salon group in North America, the UK and Germany, Minneapolis firm announces. Acquisition expected to add $25 mil. to Regis' revenue in fiscal 2003 and $49 mil. in fiscal 2004, firm adds. Procter & Gamble recently announced it was discontinuing the mass market Vidal Sassoon hair care collection in the near-term, but would consider repositioning it for a relaunch in the future (1"The Rose Sheet" Nov. 11, 2002, p. 7)...