Regis Corporation engages in the ownership, operation, and franchising of hair and retail product salons in North America and internationally. It also owns Hair Club for Men and Women, a provider of hair restoration services; and operates beauty school locations. The company’s salons offer a range of services, such as haircutting and styling, hair coloring and waving, shampooing, and conditioning for men, women, and children. Regis’ salons operate primarily under Regis Salons, MasterCuts, Trade Secret, SmartStyle, Supercuts, Cost Cutters, Jean Louis David, and Vidal Sassoon trade names; and serve the mass market consumer marketplace. The company’s beauty school locations offer similar educational services to students pursuing post-secondary education alternatives. Its hair restoration centers offer hair restoration solutions, such as hair systems, hair transplants, and hair therapy, for the mass market consumers. As of June 30, 2007, Regis owned, franchised, and held ownership interests in approximately 12,400 locations comprising 11,881 company-owned and franchise salons, 90 hair restoration centers, 56 beauty schools, and approximately 400 locations in which it had an ownership interest. The company was founded in 1954 and is headquartered in Edina, Minnesota.