Everyone in the home market knew this day was coming. After furniture and home furnishings retailers enjoyed a nearly 20% two-year growth spurt from $120.3 billion in 2019 to $140.6 billion in 2021, things were destined to change. Retailers held onto their gains in 2022, even boosted them to $141.3 billion, but now the tide […]
Archive | Interior Design
RSS feed for this sectionReady to Start a Business? ‘The Corporateneur Plan’ Is Your Authoritative Guide to Entrepreneurial Success
Ken Rohl was 50 years old when he decided he’d had enough of corporate life. Political in-fighting and conflicting opinions stifled his creativity and inspiration. He took his experience from his stint in corporate America and used it to start a business that was so successful that a Fortune 500 company bought it. He became […]
To-The-Trade Schumacher Pivots To Consumers For Growth
In the world of interior design, wallpaper is making a comeback. Having reached $1.7 billion globally in 2022, with the U.S. having over one-third market share, the wallpaper and wallcoverings market is projected to advance at a 4.3% compound annual growth rate through 2030. Prized for its ability to add texture, dimension and artistic sophistication […]
RH Prepares To Disrupt The To-The-Trade Interior Design Industry
Initially, RH CEO Gary Friedman was in a sober mood to deliver a sober message in the company’s most recent third-quarter 2022 earnings report. Though its revenues and operating margin exceeded the previous outlook, revenues dropped 14% from last year’s $1,006 million to $869 million and adjusted operating margin declined from 27.7% last to 20.8% this […]
Parachute Is Picking Up The Pace To Grow As A Lifestyle Brand
Parachute started as a sleepy little bedding brand in 2014. In those early days of e-commerce, it was one of the first to introduce luxury bed linens online, previously a department store staple. Early adopters who took the chance to order online loved Parachute sheets. They rapidly spread the word and Parachute officially became a […]