NASSAU, The Bahamas, March 10, 2011 (GLOBE NEWSWIRE) -- Steiner Leisure Limited (Nasdaq:STNR) today announced entry into an agreement with Sainsbury's Supermarkets Ltd. and Acheson & Acheson Limited, under which Steiner will sell its Mandara Spa brand beauty products in Sainsbury's stores in the United Kingdom. Acheson & Acheson will be the manufacturer of those products. Under this three-year agreement, the Mandara Spa product line will be the exclusive premium spa product line carried by Sainsbury's and Sainsbury's shall be the exclusive third party retailer of those products in the United Kingdom. Steiner's spas and websites will also sell the products in the United Kingdom, United States and internationally.
Leonard Fluxman, President and Chief Executive Officer of Steiner Leisure, said: "We are honored to be associated with Sainsbury's, one of the UK's oldest and most respected retailers. We believe that the quality of Sainsbury's products and their stellar reputation are a perfect match for our Mandara Spa product line. Our Mandara Spa products are skin-friendly and environmentally clean, specially created using a careful selection of evocative blends using the latest skincare technology combined with naturally active raw materials for sustainability for a broad variety of skins. We look forward to the opportunity of having the benefits of the Mandara Spa brand beauty products reach consumers throughout the UK through our association with this well established and dynamic business. We also look forward to working with the manufacturing team at Acheson & Acheson, whose expertise and reputation for quality will be an important part of this venture."
Steiner Leisure Limited is a worldwide provider of spa services. The Company's operations include shipboard and land-based spas and salons. We provide our services on 152 cruise ships and at 69 land-based spas. Our land-based spas include resort spas, urban hotel spas and day spas and are operated under our Elemis®, Mandara®, Chavana®, Bliss® and Remede® brands. 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 cruise line and land-based resort customers include Caesar's Entertainment, Carnival Cruise Lines, Celebrity Cruises, Crystal Cruises, Cunard Cruise Line, Hilton Hotels, Holland America Line, InterContinental Hotels and Resorts, Kerzner International, Loews Hotels, Marriott Hotels, Nikko Hotels, Norwegian Cruise Line, P&O Cruises, Planet Hollywood, Princess Cruises, Royal Caribbean Cruises, Seabourn Cruise Lines, Sofitel Luxury Hotels, St. Regis Hotels, Thomson Cruises, W Hotels and Resorts and Westin Hotels and Resorts. Our award-winning Elemis, Bliss and Remede brands are used and sold in our cruise ship and/or land-based spas and are also distributed worldwide to exclusive hotels, salons, health clubs, department stores and destination spas. Our products are also available at www.timetospa.com and www.blissworld.com .Steiner Leisure also owns and operates five post secondary schools (comprised of a total of 17 campuses) located in Miami, Orlando, Pompano Beach and Sarasota, Florida; Baltimore, Maryland; Charlottesville, Virginia; York, Pennsylvania; Salt Lake City and Lindon, Utah; Las Vegas, Nevada; Tempe and Phoenix, Arizona; Westminster and Aurora, Colorado; and Groton, Newington and Westport, Connecticut. Offering degree and non-degree programs in massage therapy and, in some cases, skin care, these schools train and qualify spa professionals for health and beauty positions within the Steiner family of companies or other industry entities.
CONTACT: Steiner Leisure Limited Leonard I. Fluxman, President and Chief Executive Officer (305) 358-9002, ext. 215
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV