1 The National Hair Journal Summer 2012
Hair
Fashion
The General is Excited!
Technology
Envy Hair
Find out why…
Zero to $4M in 24 months!
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Industry
Skin Rejuvenation How Cathie got started
Seen & Heard What you missed! Page 6
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The National Hair & Skin Journal
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Volume 16 No 62
Summer 2012
The Professional Publication of Hair and Skin Rejuvenation
Going, Going, Gone!
Hair Club sold for $163.5 million
Tokyo. 07/2012 - Hair Club for Men & Women has finally found its logical home. After months of behind the scenes negotiation and competitive bidding, the winner was announced on July 16th: Aderans Co., Ltd., the world’s leading manufacturer and distributor of hair goods. Aderans will pay $163.5 million in cash to Regis Corporation and the transaction is expected to close in the third or fourth quarter of calendar 2012. Headquartered in Tokyo, Japan, Aderans marketing is primarily focused on wigs and hair additions, though it also owns beauty schools, beauty salons, hair replacement centers and hair restoration clinics. In the US, Aderans’ best know brands are; Bosley “The World’s Most Experienced Hair Restoration Expert,” Rene of Paris, International Hair Goods (IHI), TressAllure and Bosley. Joshua Schechter, chairman of Aderans America Holdings, Inc., commented, “As a result of this acquisition, we will be able to offer the most comprehensive set of hair replacement and hair restoration services in the North American marketplace and
provide consumers with a full array of hair loss solutions through our complementary businesses. We look forward to providing world-class products and service to Hair Club customers and to working with Hair Club franchisees and employees to expand the brand and grow the business.” Sy Sperling founded Hair Club in 1969 in New York City using his credit cards to finance the startup. 31 years later he sold the company for $45 million to a Toronto-based private equity firm. In 2004, Regis bought the business for $210 million, anticipating that Hair Club would become a vehicle for “organic expansion.” This did not happen and under pressure from its board of directors, Regis decided to retrench, “This divestiture represents an opportunity to exit a non-core business on attractive terms while taking another significant step in refocusing operational resources on expanding sales, margins and profitability of salon operations,” stated Joel Conner, Chairman of the Board. Hair Club now has 96 company-owned and franchised outlets nationwide and generates an annual operating profit of $30 million on sales of $140 million.
Alopecia Champion Investing in Education
Star cyclist Joanna Rowsell hopes to be an inspiration
to other alopecia sufferers after winning Olympic gold
Joanna Rowsell was only nine years old when she lost her right eyebrow. That was 14 years ago and it was just the beginning of a lifetime struggle with alopecia. But Joanna is a fighter and she found strength and inspiration in athletic competition. This July, she stood proud... and bald... before a television audience of millions of cheering fans as she accepted a gold medal for the United Kingdom. “I don’t want to be known as the girl with alopecia; I don’t want that to be what defines me. But I’ve realized now that I’ve got a responsibility... it’s always going to be a part of me, so I may as well embrace it and hopefully inspire other girls.” And an inspiration she certainly is; together with team mates, Trott and King, Rowsell beat three world records en route to gold. “It was about how I performed he iebs ives rince air onsultation on the bike and that’s what I was judged on. Recommends Prince William get Propecia another for a teenage pop star to offer his own When I started winning that was the best London, UK. 07/2012 - It’s no secret that diagnosis. And that’s just what happened when feeling ever. I wasn’t going to stop; I wasn’t Britain’s heir apparent is receding fast. It Justin Beaver talked with a British journalist, going to let it (alopecia) hold me back. ‘You seems he has inherited his father’s thinning “I don’t know why he doesn’t just get those only live once, so go for it.” hair, something the UK media is not hesitant things, those products,” commented Bieber. to display. But it’s one thing for the tabloids to “You just take Propecia and your hair grows ald en at isk comment on the prince’s misfortune and quite back. Have you not got it over here?”
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Cosmetic treatment for men
Men Want Youth Too Botox was used 336,834 times by American men in 2010, up 9% from 2009, according to the American Society of Plastic Surgeons. Looks are increasingly important in today’s competitive marketplace. In a special report published in The Economist magazine, David Pyott, the boss of Allergan which makes Botox asks, “Do you want to have working for you a really old investment banker, or a really old
New Image Labs expands online program
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Toronto. 05/2012 - Researchers at the University of Toronto say bald men are more likely to develop prostate cancer than men with more hair on their heads. "Bald men should be aware that they may benefit from being screened earlier and perhaps being biopsied sooner," said study author Dr. Neil Fleshner, professor of surgical urology. Scientists think androgens, which include testosterone, may play a role in both baldness and prostate cancer. The androgen, dihydrotestosterone (DHT) has been shown to increase in bald men, causing the hair follicles to miniaturize and eventually stop growing.
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Forget the Hair!
Flying Squirrel Focuses on Gold
London, UK. 08/12 - American Olympic goldmedalist Gabby Douglas may be only 16-years old, but she has the self confidence of an adult. Responding to tweets about her hair at the London Olympics she commented, “I just made history and people are focused on my hair? It can be bald or short, it doesn’t matter...” Gabby uses gel, clips and a ponytail holder so her hair stays put during the competitions and she doesn’t plan to mess with something that has brought her two gold medals, “Nothing is going to change, I’m going to wear my hair like this during beam and bar finals. You might as well just stop talking about it.” Gabby, the first U.S. gymnast to win gold in team and all-around competition, concluded, “We’re all champions and we’re all winners. I just say that it’s kind of a stupid and crazy thought to think about my hair.”
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lawyer?” Less invasive male maintenance is omeone ove as growing too according to The Economist. lopecia Sales of men’s beauty products in France, Germany, Spain, Britain and Italy rose by Beverly Hills, CA. 08/12 - In honor of 8% between 2005 and 2010, despite the International Alopecia Day, taking place recession, and will grow another 8% by 2014. on August 4, and September's Alopecia Moisturizers dominate in France, Britain and Awareness Month, Follea Inc., a designer and Spain. Germans and Italians prefer to buy manufacturer of natural, European wigs and deodorants. hairpieces will give away 10,000 free Alopecia bracelets that bear the phrase, "Someone I love has Alopecia." "We are honored to be a part of the effort to raise awareness of the emotional challenges faced by millions of girls and
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West Palm Beach, FL. 07/12 - Camera and production crews took over New Image Labs Corp recently, as the company kicked off a week-long filming session of eleven cuttingedge hair tutorials for the industry’s only online educational platform, NIU (New Image University). The company has made a substantial investment in the form of resources, time and talent to bring the latest technical and business know-how to the hair loss community. “We are excited to make this enhanced online training available to hair loss professionals everywhere to help them have a leg up, boost their skills and increase their business”, states Tony Sciara, President of New Image Labs. The new tutorials are expected to be available for members of NIU in October 2012. Learn more about how online education affects our industry in the next issue of The National Hair & Skin Journal.
women of all ages in the largely unrecognized female Alopecia community.” commented Follea president, Michael Leigh. “Creating wigs and hairpieces that give back a woman’s best hair day, every day, is our raison d'être. It makes what we do all the more worthwhile." Alopecia Areata is a common autoimmune skin disease that, according to the National Alopecia Areata Foundation (NAAF). It affects over five million people in the United States alone and re s u l t s i n t h e unpredictable loss of hair in patches on the scalp, eyebrows, lashes and sometimes the whole body.