Regis Corporation Appoints Laura Alexander as Senior Vice President, Merchandise
June 20 2018 - 8:30AM
Business Wire
Regis Corporation (NYSE: RGS), a leader in the haircare
industry, whose primary business is owning, operating and
franchising hair salons, announced today the promotion of Laura
Alexander to the role of Senior Vice President, Merchandise,
effective immediately. Ms. Alexander most recently served as Vice
President, Walmart Relations and SmartStyle Franchise
Administration at Regis Corporation, a position she held since July
2017. In her new position, Ms. Alexander will lead Regis’
merchandising activities, including e-commerce and franchise
product sales and will maintain overall responsibility for the
Company’s Walmart relationship.
“Laura has excelled in the positions she has had at Regis and
proven herself as a talented, progressive leader within our
company. One part of our strategy to transform Regis is to increase
our product sales and capabilities we provide our franchisees.
Laura will lead a talented merchandising department to ensure we
have the strongest assortment, procurement and fulfilment structure
to meet the needs of our franchisees and consumers. Laura’s
experience with our franchise business and Walmart will enable her
to further leverage our merchandising business across franchised
and company-owned stores and e-commerce websites,” said Hugh
Sawyer, Regis Corporation Chief Executive Officer and
President.
Ms. Alexander joined Regis in 2012 and has advanced through
positions in the legal, franchise and Walmart Relations
departments. Prior to joining Regis, Ms. Alexander held marketing
and communications roles in retail healthcare, including
MinuteClinic/CVS, as well as The Auckland Museum. Ms. Alexander
holds a Bachelor of Arts degree from Mount Holyoke College and a
law degree from William Mitchell College of Law. She is a member of
the Minnesota State Bar Association.
About Regis Corporation
Regis Corporation (NYSE:RGS) is a leader in beauty salons and
cosmetology education. As of March 31, 2018, the Company
owned, franchised or held ownership interests in 8,228 worldwide
locations. Regis’ corporate and franchised locations operate under
concepts such as Supercuts®, SmartStyle®, MasterCuts®, Regis
Salons®, Sassoon®, Cost Cutters®, Roosters® and First Choice
Haircutters®. Regis maintains an ownership interest in Empire
Education Group in the U.S. For additional information about the
Company, including a reconciliation of certain non-GAAP financial
information and certain supplemental financial information, please
visit the Investor Information section of the corporate website at
www.regiscorp.com.
This press release contains or may contain “forward-looking
statements” within the meaning of the federal securities laws,
including statements concerning anticipated future events and
expectations that are not historical facts. These forward-looking
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. The
forward-looking statements in this document reflect management’s
best judgment at the time they are made, but all such statements
are subject to numerous risks and uncertainties, which could cause
actual results to differ materially from those expressed in or
implied by the statements herein. Such forward-looking statements
are often identified herein by use of words including, but not
limited to, “may,” “believe,” “project,” “forecast,” “expect,”
“estimate,” “anticipate,” and “plan.” In addition, the following
factors could affect the Company’s actual results and cause such
results to differ materially from those expressed in
forward-looking statements. These factors include the continued
ability of the Company to implement its strategy, priorities and
initiatives; our ability to attract, train and retain talented
stylists; financial performance of our franchisees; acceleration of
sale of certain salons to franchisees; the ability of the Company
to maintain a satisfactory relationship with Walmart; the success
of The Beautiful Group; marketing efforts to drive traffic; changes
in regulatory and statutory laws including increases in minimum
wages; our ability to manage cyber threats and protect the security
of sensitive information about our guests, employees, vendors or
Company information; reliance on information technology systems;
reliance on external vendors; competition within the personal hair
care industry; changes in tax exposure; changes in healthcare;
changes in interest rates and foreign currency exchange rates;
failure to standardize operating processes across brands; consumer
shopping trends and changes in manufacturer distribution channels;
financial performance of Empire Education Group; the continued
ability of the Company to implement cost reduction initiatives;
compliance with debt covenants; changes in economic conditions;
changes in consumer tastes and fashion trends; exposure to
uninsured or unidentified risks; ability to attract and retain key
management personnel; reliance on our management team and other key
personnel or other factors not listed above. Additional information
concerning potential factors that could affect future financial
results is set forth in the Company’s Annual Report on
Form 10-K for the year ended June 30, 2017. We undertake
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. However, your attention is directed to any further
disclosures made in our subsequent annual and periodic reports
filed or furnished with the SEC on Forms 10-K, 10-Q and 8-K and
Proxy Statements on Schedule 14A.
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REGIS CORPORATION:Paul Dunn, 952-947-7915VP, Finance and
Investor Relations
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