Beauty Systems Group Announces Distribution Partnership with Prestigious Hair Color and Care Brand Pravana
DENTON, Texas--(BUSINESS WIRE)--
Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”) today announced
that Beauty Systems Group, the Company’s segment which distributes
beauty products to salon professionals through its CosmoProf and
Armstrong McCall branded divisions, has signed a new distribution
agreement with Pravana, the global salon professional hair color and
care brand.
The distribution agreement will allow Beauty Systems Group to offer the
Pravana brand through its CosmoProf and Armstrong stores throughout the
United States, with an anticipated launch during the first quarter of
fiscal year 2019. Pravana is owned by the German corporation, Henkel AG
and Company.
“We are excited to partner with such a prestigious brand that is known
by stylists in the professional channel as a leader in hair color and
care,” said Chad Selvidge, Senior Vice President and Chief Merchandising
Officer. “Pravana is a brand that has always delivered tremendous
innovation and creativity to the salon industry.”
“Pravana is a great brand, and this partnership will further
enhance our hair color and care portfolio, which will expand our ability
to support our stylists,” said Mark Spinks, President of Beauty Systems
Group. “The Beauty Systems Group team looks forward to extending the
Pravana brand to our community of stylists, especially with its wide
range of vivid colors.”
About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH) is an international specialty
retailer and distributor of professional beauty supplies with revenues
of approximately $3.9 billion annually. Through the Sally Beauty Supply
and Beauty Systems Group businesses, the Company sells and distributes
through 5,170 stores, including 184 franchised units, and has operations
throughout the United States, Puerto Rico, Canada, Mexico, Chile, Peru,
the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain and
Germany. Sally Beauty Supply stores offer up to 8,000 products for hair,
skin, and nails through professional lines such as OPI®,
China Glaze®, Wella®, Clairol®, Conair®
and Hot Shot Tools®, as well as an extensive selection of
proprietary merchandise. Beauty Systems Group stores, branded as
CosmoProf or Armstrong McCall stores, along with its outside sales
consultants, sell up to 10,500 professionally branded products including
Paul Mitchell®, Wella®, Matrix®,
Schwarzkopf®, Kenra®, Goldwell®, Joico®
and Aquage®, intended for use in salons and for resale by
salons to retail consumers. For more information about Sally Beauty
Holdings, Inc., please visit sallybeautyholdings.com.
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Sally Beauty Holdings, Inc.
Jeff Harkins, 940-297-3877
Investor
Relations
Source: Sally Beauty Holdings, Inc.
