Regis Sells 133 Salons in Pennsylvania
Regis Sells 133 Salons in Pennsylvania
DJ Regis Sells 133 Salons in Pennsylvania
By Dave Sebastian
Regis Corp. (RGS) said it has agreed to sell 133 salons in Pennsylvania and surrounding areas to the Alline Salon Group as the company continues to convert its salons into its franchise portfolio.
The salons being sold are branded Holiday Hair, Famous Hair, Best Cuts, CityLooks, Style America and BoRics Hair Care, Regis said Tuesday.
Of the salons, 105 will operate under the Holiday Hair banner, while the rest would be converted to the Regis Cost Cutters brand, the company said.
Regis said the transition and conversion began earlier this month and will continue into early 2020.
The company has said it would adopt a capital-light business model after a series of salon sales.
"The Pennsylvania transaction marks the culmination of an 18-month process that resulted in the conversion or purchase of 389 salons which will operate under the Supercuts, Cost Cutters and Holiday Hair brands," Michael Sarafa, managing partner of Alline Salon Group, said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
December 17, 2019 07:49 ET (12:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
DJ Regis Sells 133 Salons in Pennsylvania
DJ Regis在賓夕法尼亞州銷售133家沙龍
By Dave Sebastian
戴夫·塞巴斯蒂安(Dave Sebastian)
Regis Corp. (RGS) said it has agreed to sell 133 salons in Pennsylvania and surrounding areas to the Alline Salon Group as the company continues to convert its salons into its franchise portfolio.
瑞吉斯公司(Regis Corp.)表示，它已同意將賓夕法尼亞州及周邊地區的133家沙龍出售給Alline Salon Group，該公司正在繼續將其沙龍轉變為特許經營組合。
The salons being sold are branded Holiday Hair, Famous Hair, Best Cuts, CityLooks, Style America and BoRics Hair Care, Regis said Tuesday.
裏吉斯週二表示，正在出售的沙龍有假日美髮、著名髮型、Best Cuts、CityLooks、Style America和BoRics Hair Care。
Of the salons, 105 will operate under the Holiday Hair banner, while the rest would be converted to the Regis Cost Cutters brand, the company said.
該公司表示，在這些沙龍中，105家將在Holiday Hair的旗幟下運營，其餘的將轉換為Regis Cutters品牌。
Regis said the transition and conversion began earlier this month and will continue into early 2020.
裏吉斯説，過渡和轉換從本月早些時候開始，將持續到2020年初。
The company has said it would adopt a capital-light business model after a series of salon sales.
該公司表示，在進行了一系列沙龍銷售後，將採取輕資本的商業模式。
"The Pennsylvania transaction marks the culmination of an 18-month process that resulted in the conversion or purchase of 389 salons which will operate under the Supercuts, Cost Cutters and Holiday Hair brands," Michael Sarafa, managing partner of Alline Salon Group, said.
Alline Salon Group的管理合夥人邁克爾·薩拉法(Michael Sarafa)表示：“賓夕法尼亞州的這筆交易標誌着歷時18個月的過程達到頂峯，最終導致389家沙龍改裝或購買，這些沙龍將以SuperCuts、Cutters和Holiday美髮品牌運營。”
Write to Dave Sebastian at dave.sebastian@wsj.com
寫信給戴夫·塞巴斯蒂安(Dave Sebastian)，電子郵件：dave.sebastian@wsj.com
(END) Dow Jones Newswires
(完)道瓊通訊社
December 17, 2019 07:49 ET (12:49 GMT)
2019年12月17日美國東部時間07：49(格林尼治標準時間12：49)
Copyright (c) 2019 Dow Jones & Company, Inc.
版權所有(C)2019年道瓊斯公司。
譯文內容由第三人軟體翻譯。
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