The company’s chairman and CEO, Gary Friedman, tells Business of Home how the purchase of a trio of California-based furniture brands positions RH for its next big aesthetic.
After a handful of disappointing quarters, the company formerly known as Restoration Hardware had some good news to share on its second-quarter earnings call—including a Florida compound, the expansion of Waterworks, and a series of stand-alone design offices.
The now-shuttered Minneapolis-based e-commerce retailer has begun a bankruptcy-like process called an assignment for the benefit of creditors, which is designed to pay off the company's debts.
Architect and designer Komal Kehar of the New York shop Common Things on finding her unique stock, learning from her East Village neighbors, and throwing events in the less than 200-square-foot space.
The agency charges that Williams-Sonoma deceptively described multiple products as “Made in USA” when, in fact, they were made in China and other countries. The company has agreed to pay a historically large settlement in restitution.
Company leaders at the beleaguered Southern California chain alerted staff of the decision earlier this week, reversing its original assurance that the closure was temporary.