On March 7, 2013, RH opened a gallery in Boston's Back Bay in an 1864 brick and brownstone structure at 234 Berkeley Street. In 2012, the company was accused of copying the designs of other companies, specifically those used for the US military. In 2013, RH also released the Objects of Curiosity source book, showing character pieces, artifacts, and unique décor. The 2014 Small Spaces source book depicts 18 different smaller-scale homes in the United States and Europe. RH created a small spaces line in 2012, composed of furnishings scaled down for smaller living spaces. The company is the largest importer of Belgian Linen and Italian bedding in the United States. In 2007, about 65% of the company's products were made outside the US, particularly from contract manufacturers in southern China. The company was renamed RH, and trades on the New York Stock Exchange under the symbol RH. In 2012, Restoration Hardware underwent an initial public offering, trading at $24 a share at its opening. That year, the company also launched its baby-and-child line. In June 2008, the company completed the transaction without Sears Holding, but instead with Catterton Partners.Ĭatterton took Restoration Holdings private on June 18, 2008. After the United States housing bubble burst, the company was slated to close two stores in 2008, including the original store located in Old Town Eureka, and open one in Canada. In 2007, Sears Holdings Corporation purchased 13.7% of the share of Restoration Hardware, prompting speculation that Sears might attempt a full takeover. In 2005, Gordon left the company in order to take over as CEO of Robert Redford's Sundance Catalog Company. Restoration Hardware's sales were waning and the company was seeking additional capital. as Chief Executive Officer after being passed over for the CEO position at Williams-Sonoma by Howard Lester. In 2001, Gary Friedman joined the company from Williams-Sonoma, Inc. Restoration Hardware location in the former Museum of Natural History building, Boston It then expanded to over 100 stores in 31 states, with $369.5 million in net sales by 2001. The company had 47 stores when it went public in 1998, ending the year at over 65 stores. The company expanded slowly in Northern California and Boston before raising outside capital from Cardinal Investments which allowed it to accelerate its expansion. Stephen Gordon founded Restoration Hardware in Eureka, California, in 1979 while restoring a Victorian home and finding affordable, high-quality hardware and fixtures unavailable. History Stephen Gordon, founder of Restoration Hardware at the original Eureka, CA headquarters in 1981. The company also has 36 outlet stores in the United States and Canada. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 6 baby-and-child galleries. The company sells its merchandise through its retail stores, catalog, and online. RH may also be known as or be related to RH, Restoration Hardware and Restoration Locks.RH (formerly Restoration Hardware) is an upscale American home-furnishings company headquartered in Corte Madera, California. The data presented on this page does not represent the view of RH and its employees or that of Zippia. None of the information on this page has been provided or approved by RH. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at RH. Zippia gives an in-depth look into the details of RH, including salaries, political affiliations, employee data, and more, in order to inform job seekers about RH.
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