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Regis history
Regis company history timeline
Regis Corporation's history began with Russian-born barber Paul Kunin, who set up business in 1922.
By 1975 Regis Corporation owned 161 salons, and sales for the fiscal year were $10.6 million.
In 1987, Kunin brought on board Paul Finkelstein, who had worked for both his family's Glemby International Hairstyling Salons and their chief rival, Seligman & Latz.
Regis purchased the assets of more than 500 Seligman & Latz salons in August 1988.
Regis ended fiscal year 1991 with revenues of $307.7 million and net losses of $3.2 million.
The stock was trading in the mid-teens in the beginning of 1995.
In 1995, Regis acquired Essanelle Ltd., which operated 79 upscale salons located in British department stores such as Harrods.
Regis spent $30 million on acquisitions in fiscal 1996.
In December 2002 Regis entered into a significant new enterprise with the purchase of four Vidal Sassoon beauty academies.
"United States Hair-Care Giant to Open Salons in Britain, Daily Mail (London), December 22, 2002.
"Hair Club Joins Regis in $210M Deal," Daily Deal, November 16, 2004.
At the beginning of 2005, there were 1,516 of the company's salons situated in high-traffic, high-visibility Wal-Mart locations.
Although the new business was expected to account for slightly less than 5 percent of the company's revenues by 2009, the academies fit well with the company's focus on employee training as a means of reducing operating costs, maintaining high-quality service, and increasing product sales.
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Regis competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Vudu | 2004 | - | 180 | - |
| Great Clips | 1982 | $1.0B | 1,250 | 8,295 |
| Hair Cuttery ® | 1974 | $5.1B | 10,000 | - |
| The Home Depot | 1978 | $159.5B | 500,001 | 22,646 |
| Nordstrom | 1901 | $15.0B | 74,000 | 762 |
| Buffalo Wild Wings | 1982 | $2.0B | 44,000 | 1,386 |
| Panera Bread | 1981 | $2.8B | 140,000 | 4,256 |
| Tailored Brands | 1973 | $2.9B | 19,300 | 931 |
| All Keyed Up | - | $290,000 | 10 | 7 |
| David Broadway Salon | - | $290,000 | 2 | - |
Regis history FAQs
Zippia gives an in-depth look into the details of Regis, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Regis. The employee data is based on information from people who have self-reported their past or current employments at Regis. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Regis. The data presented on this page does not represent the view of Regis and its employees or that of Zippia.
Regis may also be known as or be related to Kunin Beauty Salon, REGIS CORP, Regis, Regis Corp., Regis Corporation and Regis Foundation for.