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Regis Announces Significant Actions To Reduce G&A Costs As The Company Continues Its Transition To A Fully Franchised Model

Jan 16, 2020 - Business Wire

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 certain restructuring actions to improve its financial performance and further align costs with the company's transition to a fully franchised business model.

Regis has eliminated administrative costs and personnel substantially required to support the company's historical portfolio of owned and oper...