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Regis Announces Additional G&A Reductions, Significant Progress in Salon Re-openings and Continued Progress in Its Transition to a Fully Franchised Model

Jul 06, 2020 - Business Wire
Board and Executive Moves

Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is franchising, owning, and operating technology enabled hair salons, today announced, the completion of additional restructuring actions to improve its financial performance and further align costs with the Company's transition to a fully franchised business model. The Company also announced that 84% of its system-wide salons were open as of July 1st and that it closed on the sale of 88 company-owned locati...