Steiner Leisure Limited (Nasdaq:STNR) today announced that the
written trading plan for the purpose of repurchasing its common
shares in accordance with the guidelines specified under Rule
10b5-1 under the Securities Exchange Act of 1934, as amended, which
had been adopted by the Company on May 20, 2014, has ended,
effective as of December 31, 2014.
About Steiner Leisure
Steiner Leisure Limited is a worldwide provider and innovator in
the fields of beauty, wellness and education. We are dedicated to
maintaining the highest quality standards and continually evolving
to include and anticipate new developments within our
industry. We aim to maintain and expand our existing diverse
portfolio of services, products and brands, as well as to seek out
new opportunities to complement our business.
Our services include traditional and alternative massage, body
and skin treatment options, fitness, acupuncture, herbal medicine,
medi-spa treatments and laser hair removal. We are committed
to providing our customers with a wide-ranging assortment of beauty
products, including premium quality options developed by us under
our own brands, as well as those purchased from third parties.
Our distribution channels include our shipboard and land-based
spas and salons, destination spas, health clubs, department stores
and third party retail outlets and distributors. We also sell
our products on certain British Airways flights, on QVC, by
catalog, and online through our websites, including
www.timetospa.com and www.blissworld.com.
Our post-secondary schools offer programs in massage therapy and
skin care, among others, and, along with our recruiting and
training operations, prepare spa professionals for careers in the
health and wellness industry, including within the Steiner family
of companies.
Our cruise line operations are conducted in spas onboard 148
ships, including Azamara Club Cruises, Carnival Cruise Lines,
Crystal Cruises, Cunard Cruise Line, Holland America Line,
Norwegian Cruise Line, P&O Cruises, Princess Cruises, Royal
Caribbean Cruises, Seabourn Cruise Lines, Silversea Cruises,
Thomson Cruises and Windstar Cruises.
Our land-based spa operations are carried out under our Elemis®,
Mandara®, Chavana®, Bliss® and Remède® brands and take place in 66
locations, including resort spas, urban hotel spas and day
spas. In addition, a total of 28 resort and hotel spas are
operated under our brands by third parties pursuant to license
agreements with the company. Our land-based customers include
Caesar's Entertainment, Hilton Hotels, Kerzner International, Loews
Hotels, Marriott Hotels, Nikko Hotels, Planet Hollywood, Sofitel
Luxury Hotels, St. Regis Hotels, W Hotels and Resorts and Westin
Hotels and Resorts.
Our Ideal Image customized laser hair removal services are
provided by highly trained, experienced practitioners through a
nationwide network of 127 treatment centers (17 of which are
operated by franchisees) across 31 states, as well as two locations
in Canada.
We develop and sell a variety of high quality beauty products
under our Elemis, La Thérapie™, Bliss, Remède, Laboratoire
Remède® and Jou® brands.
Our schools operations consist of 12 post-secondary schools
(comprised of a total of 32 campuses) located in Phoenix,
Scottsdale, Tempe and Tucson, Arizona; Westminster and Aurora,
Colorado; Groton, Newington and Westport, Connecticut; Miami,
Orlando, Pompano Beach, Sarasota and Tampa/St. Pete, Florida;
Chicago, Crystal Lake and Woodridge, Illinois; Baltimore, Maryland;
Boston, Massachusetts; Las Vegas, Nevada; Hoboken and Wall, New
Jersey; King of Prussia and York, Pennsylvania; Arlington, Houston
and Richardson, Texas; Salt Lake City and Lindon, Utah;
Charlottesville, Virginia; and Federal Way and Seattle, Washington.
Offering programs in massage therapy and, in some cases, skin care,
these schools train and qualify spa professionals for health and
beauty positions within the industry, including our own
operations.
As part of our employee recruitment operations for our shipboard
spas, we provide education to our shipboard employees through our
rigorous training programs, at our primary training facilities near
London, England or one of our satellite training centers in South
Africa and the Philippines. These employees are sourced
primarily from the British Isles, Australia, South Africa,
Southeast Asia, Canada, the Caribbean and continental Europe.
CONTACT: Leonard I. Fluxman, President and Chief Executive Officer
(305) 358-9002, ext. 1215
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