Supercuts 2003 Annual Report Download - page 21

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Table of Contents
Trademarks
The Company holds numerous trademarks, both in the United States and in many foreign countries. The most recognized trademarks are
“Regis Salons,” “Supercuts,” “MasterCuts,” “Trade Secret,” “SmartStyle,” “Cost Cutters,” “Hair Masters,” “Jean Louis David,” “Saint Algue,”
“First Choice Haircutters” and “Magicuts.”
“Vidal Sassoon” is a registered trademark of Procter & Gamble. The Company has a license agreement to use the Vidal Sassoon name for
existing salons and academies, and new salon development.
Although the Company believes the use of these trademarks is important in establishing and maintaining its reputation as a national operator of
high quality hairstyling salons, and is committed to protecting these trademarks by vigorously challenging any unauthorized use, the
Company’s success and continuing growth are the result of the quality of its salon location selections and real estate strategies.
Employees
As of June 30, 2003, the Company had approximately 49,000 full- and part-time employees worldwide, of which approximately 43,000
employees were located in the United States. None of the Company’s employees are subject to a collective bargaining agreement and the
Company believes that its employee relations are amicable.
Community Involvement
Many of the Company’s stylists volunteer their time to support charitable events for breast cancer research. Proceeds collected from such
events are distributed through the Regis Foundation for Breast Cancer Research. The Company’s community involvement also includes a
major sponsorship role for the Susan G. Komen Twin Cities Race for the Cure. This 5K run and one-mile walk is held in Minneapolis,
Minnesota on Mother’s Day to help fund breast cancer research, education, screening and treatment. Through its community involvement
efforts, the Company has helped raise millions of dollars in fundraising for breast cancer research.
Governmental Regulations
The Company is subject to various federal, state, local and provincial laws affecting its business as well as a variety of regulatory provisions
relating to the conduct of its cosmetology business, including health and safety.
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