Sally Beauty Holdings, Inc. is a distributor of professional beauty supplies in the United States. The Company provides its customers with a variety of third-party branded and private/control label professional beauty supplies, including hair care products, styling appliances, skin and nail care products, and other beauty items. It operates through two business units: Sally Beauty Supply and Beauty Systems Group (BSG). As of September 30, 2007, Sally Beauty Supply owned and operated 2,669 Company-owned retail stores and supplied 25 franchised stores, and BSG operated 699 Company-owned stores and supplied 175 franchised stores. Sally Beauty Supply stores target retail consumers and salon professionals, while BSG exclusively targets salons and salon professionals. On February 15, 2007, the Company completed the acquisition of Chapelton 21 Limited.
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