Regis Charts European Growth, Acquisitions
<b></b>
Minneapolis--Regis Corp. kicked off its overseas growthstrategy by acquiring GGG Group, a 523-store beauty chain withfranchise locations primarily in France. The move nearly tripledthe firm's nondomestic holdings. Regis could potentially addanother 1,000 stores within the next several months, and withinthree to five years thinks it will be the largest salon franchisorin Europe. The acquisition of GGG Group's salons is expected togarner 50 to 60 new stores annually. While Regis will continueoperating the stores it owns in the United Kingdom, all otherinternational stores are expected to be franchised.--CityBusiness
Entrepreneur Editors' Picks
-
This Co-Founder Was Kicked Out of Retailers for Pitching a 'Taboo' Beauty Product. Now, Her Multi-Million-Dollar Company Sells It for More Than $20 an Ounce.
-
Have You Ever Obsessed Over 'What If'? According to Scientists, You Don't Actually Know What Would Have Fixed Everything.
-
After He Was Fired From the UFC, This Former Fighter Turned His Passion Into a Thriving Business
-
Most People Don't Know These 2 Things Are Resume Red Flags. A Career Expert Reveals How to Work Around Them.
-
How One Woman Turned Pandemic-Induced Boredom and a Makeshift Garage Art Studio Into a Thriving Franchise
-
Use These 4 Self-Care Rituals for More Resilience and Less Depletion
-
Shark Tank's Barbara Corcoran Wants to Invest in 'Someone Who Probably Needs a Good Shrink Instead of a Business'
