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  September 5, 2001
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Home > Company Index > Diversified Services > Personal Services > Opal Concepts, Inc.

Opal Concepts, Inc.
 PROFILE
Through bang trims and buzz cuts, Opal Concepts is snipping its way to the top. The world's #2 hair salon company (behind Regis), it operates or franchises more than 1,700 salons in North America, Africa, and Asia. Its salons operate under names that include Fantastic Sams (more than 1,350 salons), Pro-Cuts (200-plus), and high-end chains such as Carlton Hair International and José Eber Atelier (stylist to the stars). Founded in 1990 by chairman Ted Nelson, the acquisitive firm expects to have 6,300 units by 2010. Opal Concepts is 70%-owned by Japanese cosmetics giant Shiseido Company and investment firms Warburg Pincus, Citicorp, and Allen & Company; a management group (including Nelson) owns the remaining 30%.

 COMPETITION
Regis Corporation (RGIS)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 500.00
1-Yr. Sales Growth: 66.7%

 KEY PEOPLE
• Cameron J. McConnell
    CEO
• Charles W. Stevens
    CFO

 CONTACT INFO
1400 N. Kellogg Dr., Ste. E
Anaheim, CA 92807
US
Phone: 714-779-3910
Fax: 714-779-3422
Online: Web Site

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