A BRANCH of the Regis hair salon inside Beales in Bournemouth has closed ahead of a buyout which saved most of the chain.

More than 1,000 jobs were saved after the owner of Regis and the Supercuts chain was bought out of administration.

But administrators closed around 60 stores, leading to 200 redundancies.

The nearest Supercuts to Dorset is at Southampton’s Marlands Shopping Centre.

Regis’ collapse into administration in October came less than a year after bosses attempted to persuade landlords to give the company heavy rent cuts.

Supercuts had been struggling for the last few years and went through an insolvency process known as a Company Voluntary Arrangement (CVA) in 2018.

It meant the company could cut its rents in an attempt to stay afloat.

The CVA process has been widely used by several high street names in recent years, including Arcadia, New Look, Mothercare and Carpetright.

But it has faced criticism from some landlords, who have claimed it was being used as a way to cut rents, instead of only being used to prevent a firm from collapsing.

The Supercuts rescue deal comes just a week after high street retailer Clinton Cards struck a deal to avoid collapse, saving 2,500 jobs nationwide.

On the Supercuts deal, Matt Cowlishaw, joint administrator at Deloitte, said: “We are pleased to have concluded the sale and for being able to preserve a significant number of jobs at two well-known brands.”