After RH’s disastrous performance on Wall Street recently, it issued a clarification statement on Friday to answer open questions and reiterate the company’s strengths.
Tag Archives: RH
RH Overcomes Home Market Downturn And Expects 2025 To Be Bigger, Better
Coming off third quarter with revenues up 8% and market share gains, RH will move aggressively in 2025 to shore up its leadership in the home furnishings market.
RH Remains Far From The Summit Of ‘Luxury Mountain’
In RH’s first quarter 2024 report to Wall Street, CEO Gary Friedman tried to put a positive spin on otherwise depressing news – the lipstick-on-a-pig metaphor comes to mind.For years, Friedman has defined the long-term vision for RH to “climb the luxury mountain,” but it reached its peak in fiscal 2021 with revenues of $3.8 […]
In A Challenged Luxury Furniture Market, Arhaus Swims Against The Tide
Furniture retailers got an unwelcomed surprise last year. After advancing 24% from 2019 to 2022 – rising from $64.2 billion to $80 billion – sales dropped nearly 6% to $75.3 billion in 2023. But that’s nothing compared to the decline in the high-end luxury furniture market. Some of the weaker companies, like Mitchell Gold + […]
RH Next Steps: Prospects For RH England, Aynho Park, Memberships, Contemporary and More
RH got off to a rough start in 2023, but two new surveys among U.K. designers and HNW affluent consumers in U.S. and U.K. show green shoots for the company.
