RH to open 9 new design galleries next year in North America, Europe

Quick Summary:

The luxury home furnishings retailer also said possible tariff spikes are unlikely to affect margins as it works to eliminate sourcing from China.

The company ended Q3 with 123 galleries, outlet stores and showrooms in the U.S.and Europe.

CEO Gary Friedman said during a Thursday earnings call that RH has “a multi-billion dollar opportunity” to expand its brand globally.

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Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets: United StatesCanadaChinaMexicoUnited Kingdom

Topics: Second Galleries Europe Sourcing London Year Friedman Locations Brand Global Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 12:42:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 24446044

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