Regis Corp.

Regis to Sell Hair Club to Aderans for $163.5 Million

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Regis Sells Hair Club to Aderans for $163.5 Million

Regis Corp. is selling Hair Club for Men and Women—its subsidiary that offers hair-loss products and services—to Aderans Co.

Under the terms of the agreement announced July 16, Regis will receive $163.5 million in cash. The transaction is expected to close in the third or fourth quarter of 2012.

This ISBN Conference Looks Like the Best One Ever

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Farouk Shami, founder and chairman of Farouk Systems

I’m really looking forward to attending the 2012 International Salon/Spa Business Network Conference with its “Be Inspired” theme on April 15-17 at the Terranea Resort in Rancho Palos Verdes, California.

What’s the International Salon/Spa Business Network? It’s comprised of more than 50 top salon and spa companies. Every company owns from two to 12,000 salons and/or spas, and together the member companies generate an astounding annual gross sales of more than $10 billion.

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