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Steiner Leisure: Steiner Leisure Limited
built 178 days ago
Steiner Leisure Limited (Steiner Leisure) is a worldwide provider of spa services and products. The Company develops and markets beauty products, which are sold at its facilities and third-party retail outlets. As of February 11, 2008, it served 130 cruise ships representing 19 cruise lines, and operated 51 resort spas and two-day spas. The CompanyGÇÖs services include massage, aromatherapy treatments, seaweed wraps, aerobic exercise, yoga, Pilates, hair styling, manicures, pedicures, teeth whitening, acupuncture and a variety of other specialized beauty and body treatments. Steiner Leisure operates in three segments: Spa Operations, which provides spa services onboard cruise ships and at resort hotels; Products, which sells a variety of beauty products to third parties, and Schools, which offers programs in massage therapy and skin care. Steiner Leisure develops and sells a variety of beauty products under its Elemis and La Therapie trademarks.
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Steiner Leisure Limited is the leading worldwide provider of spa services and skin and hair care products on board cruise ships. The company strives to create a relaxing and therapeutic environment where customers can receive body and facial treatments and hair styling comparable in quality to the finest land-based spas and salons. Also, the company develops and markets premium priced, high quality personal care products that are sold primarily in connection with the services provide. The company operates four post-secondary schools offering degree and non-degree programs.
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Steiner Leisure Limited (the "Company") has entered into a Rule 10b5-1 trading plan (the "Plan") with a broker to facilitate the purchase of its common shares. This plan replaces the Company's previously Rule 10b5-1 announced trading plan, which has expired. Rule 10b5-1 allows a company to purchase its shares at times when it ordinarily would not be in the market because of self-imposed trading blackout periods, such as the time immediately preceding its quarterly earnings releases. The shares to be repurchased under this Plan would be part of the Company's previously disclosed share repurchase authorization. The Company may terminate the Plan and may enter into similar arrangements in the future. Depending on market conditions, the Company may ... make purchases in the open market and in privately negotiated transactions from time to time outside its normal trading blackout periods.
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Steiner Leisure Limited (the "Company") has entered into a Rule 10b5-1 trading plan (the "Plan") with a broker to facilitate the purchase of its common shares. The Plan commenced on November 5, 2007 and terminates on the earlier to occur of February 28, 2008 and the purchase of all of the 500,000 shares authorized to be purchased under the Plan. The purchases of shares under the Plan are subject to parameters specified in the Plan. The Company's previously announced Rule 10b5-1 trading plan has expired.
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Steiner Leisure Limited was organized as an international business company under the laws of The Bahamas in October 1995. The Company is a worldwide provider of spa services. In its facilities, the Company strives to create a relaxing and therapeutic environment where guests can receive beauty and body treatments of the highest quality. The Company ... develops and markets premium quality beauty products, which are sold at its facilities and at third party retail outlets. The Company's cruise line and resort customers include Carnival Cruise Lines, Caesars Entertainment, Celebrity Cruises, Crystal Cruises, Cunard Cruise Lines, Hilton Hotels, Holland America Line, Kerzner International, Loews Hotels, Marriott Hotels, Norwegian Cruise Lines, Princess Cruises, Royal Caribbean Cruises and Seabourn Cruise Line. As of February 23, 2006, the Company served 122 cruise ships representing 19 cruise lines, and operated 56 resort spas and two day spas.
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Steiner Leisure Limited is headquartered in the Bahamas and is a worldwide provider of spa services. The company’s operations include spas and salons on 120 cruise ships, and in 56 resort spas and two luxury day spas.
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Steiner Leisure Limited