After a few false starts it seems like the sale of Regis might finally go through to buyer Apollo private equity. Last month Regis shares soared on rumors of a sale but then dropped after it was revealed the auction was going slower than expected. Regis is the largest hair salon chain in the world […]
Strong sales of both consumer and luxury products resulted in better than expected earnings for L’Oreal Professional Division. http://www.loreal-finance.com/eng/news-release/october-21-2010-724.htm
Brazilian Blowout has initiated legal proceedings against the Oregon department of consumer and business services in regard to their inaccurate testing of formaldehyde levels. Apparently the tests used by the occupational safety and health division failed to distinguish between formaldehyde and methylene glycol, bundling both chemicals together. http://www.marketwire.com/press-release/Brazilian-Blowout-Formally-Initiates-Legal-Proceedings-Against-Oregon-OSHA-1349816.htm Additional testing by OSHA has also shown […]
A recent poll of more than 1,00 American women shows why people choose salons. It may be surprising to hear the majority of people still choose their hair salon based on a friend or family recommendation. This type of recommendation accounts for 50% of new customers at salons. So great haircuts really are your best […]