DESSANGE International acquires the US franchise network Fantastic Sams Hair Salons
According to a report published on the website, prnewswire.com, Fantastic Sams Hair Salons, one of the country's leading networks of full service salons, has announced that DESSANGE International has acquired all of the outstanding shares of Fantastic Sams Holding Corp.
Fantastic Sams Hair Salons has a company operated and franchise network of over 1,200 salons in 46 states with over 13,000 salon employees in North America. The company opened its first salon in Memphis, Tennessee, in 1974 and began franchising salons in 1976. Over the past 37 years, the company has built a reputation for offering quality service and style at affordable pricing for the entire family.
As the world's leading beauty network, DESSANGE International has over 6,000 employees and owns and operates salons and beauty institutes in more than 45 countries. The acquisition of Fantastic Sams Hair Salons is, the report reveals, the next step in DESSANGE International's expansion in the U.S., following the acquisition of the DESSANGE Paris North American master franchise in April 2011.
DESSANGE International will rely on Fantastic Sams' strong management team and best practices to accelerate the growth of the existing franchise, as well as to introduce and develop the company's Camille ALBANE brand in North America. (kbp)