Content about Restoration Hardware

June 14, 2013

Restoration Hardware reported record financial results during the first quarter of fiscal 2013, including a net income of $2.3 million compared to a net loss of $1.3 million in the first quarter of the prior year.

Corte Madera, Calif.  -- Restoration Hardware reported record financial results during the first quarter of fiscal 2013, including a net income of $2.3 million compared to a net loss of $1.3 million in the first quarter of the prior year. The company also named Richard Harvey, who spent 30 years as an executive at Williams-Sonoma, most recently as president of Williams-Sonoma brand, as chief merchandising officer of its RH Kitchen and Tableware line.

June 14, 2013

Restoration Hardware reported record financial results during the first quarter of fiscal 2013, including a net income of $2.3 million compared to a net loss of $1.3 million in the first quarter of the prior year.

Corte Madera, Calif.  -- Restoration Hardware reported record financial results during the first quarter of fiscal 2013, including a net income of $2.3 million compared to a net loss of $1.3 million in the first quarter of the prior year. The company also named Richard Harvey, who spent 30 years as an executive at Williams-Sonoma, most recently as president of Williams-Sonoma brand, as chief merchandising officer of its RH Kitchen and Tableware line.

April 19, 2013

Restoration Hardware Holdings Inc. reported Friday a loss of $28.4 million for the quarter ended Feb. 2, compared with a profit of $24 million in the year-ago period.

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. reported Friday a loss of $28.4 million for the quarter ended Feb. 2, compared with a profit of $24 million in the year-ago period. Results, impacted by costs associated with the company’s November 2012 IPO, edged analysts’ expectations.

Revenue surged 30% to $398.1 million from $305.2 million last year, beating Wall Street’s forecast of $390.5 million. Same-store sales advanced a hefty 26%.

January 7, 2013

1. Baby & Child, Santa Monica, Calif.
A brand new concept from Restoration Hardware, Baby & Child offers a hip, modern take on upscale children's’ home furnishings. With its taupe tones and sophisticated stylings, this new format is far removed from the pastel, whimsical universe of Pottery Barn Kids and most other kids’ stores. Read More

January 7, 2013

1. Baby & Child, Santa Monica, Calif.
A brand new concept from Restoration Hardware, Baby & Child offers a hip, modern take on upscale children's’ home furnishings. With its taupe tones and sophisticated stylings, this new format is far removed from the pastel, whimsical universe of Pottery Barn Kids and most other kids’ stores. Read More

December 13, 2012

Restoration Hardware Holdings Inc. reported net income for the third quarter of $1.7 million, compared with a loss of $4.8 million in the year-ago period.

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. reported Wednesday net income for the third quarter of $1.7 million, compared with a loss of $4.8 million in the year-ago period.

Revenue rose 22% to $284.2 million and same-store sales surged 29%.

The home furnishings retailer went public in November.

 

October 23, 2012

Restoration Hardware Holdings Inc. is expected to raise about $120 million from its Initial Public Offering, should it sell the 5.2 million shares at between $22 and $24 each that the retailer said it is expecting to sell.

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. is expected to raise about $120 million from its Initial Public Offering, should it sell the 5.2 million shares at between $22 and $24 each that the retailer said it is expecting to sell.

Restoration Hardware will sell 4.9 million shares in the offering, according to a Reuters report, while selling stockholders will sell the rest.

 

September 20, 2012

A report by Wall Street Journal said that Restoration Hardware Holdings Inc. has filed plans for an initial public offering of up to $150 million in common stock.

New York -- A Thursday report by Wall Street Journal said that Restoration Hardware Holdings Inc. has filed plans for an initial public offering of up to $150 million in common stock.

The retailer, which this week unveiled its new RH branding, is looking to the IPO to pay down debt. It was acquired in 2008 by Catterton Partners in a $179 million buyout and last month revealed a plan for reorganization on the heels of co-CEO Gary Friedman’s resignation following an internal probe into a relationship with a female employee.

 

September 17, 2012

Restoration Hardware announced it has rebranded the company as RH, in a move to better position itself as a multichannel operation.

Corte Madera, Calif. -- Restoration Hardware announced Monday it has rebranded the company as RH, in a move to better position itself as a multichannel operation.

According to RH creator Gary Friedman: "Today's RH is a far cry from the hardware and nostalgic discovery item based business it once was.  … The new branding positions us for the future and reflects our belief that we can curate a lifestyle beyond the four walls of the home."

September 17, 2012

Restoration Hardware announced it has rebranded the company as RH, in a move to better position itself as a multichannel operation.

Corte Madera, Calif. -- Restoration Hardware announced Monday it has rebranded the company as RH, in a move to better position itself as a multichannel operation.

According to RH creator Gary Friedman: "Today's RH is a far cry from the hardware and nostalgic discovery item based business it once was.  … The new branding positions us for the future and reflects our belief that we can curate a lifestyle beyond the four walls of the home."

August 17, 2012

According to multiple reports citing anonymous sources, Restoration Hardware chairman and co-CEO Gary Friedman has stepped down after an internal investigation into a relationship he had with a 26-year-old female employee.

New York -- According to multiple reports citing anonymous sources, Restoration Hardware chairman and co-CEO Gary Friedman has stepped down after an internal investigation into a relationship he had with a 26-year-old female employee.

Friedman was confronted with findings that he had had an intimate relationship with the employee, who has since left the company. To look into the matter, the board of directors formed a special investigative committee and brought in an outside law firm to conduct the inquiry.

September 12, 2011

Restoration Hardware Holdings filed plans to return to the public stock market.

Corte Madera, Calif. -- Restoration Hardware Holdings filed plans to return to the public stock market. In a filing with the Securities and Exchange Commission, the company said it intends to offer up to $150 million in common shares to repay debt and for general corporate purposes.

September 22, 2010

Restoration Hardware plans to raise as much as $300 million in an initial public offering...

September 22, 2010

Restoration Hardware plans to raise as much as $300 million in an initial public offering...

June 22, 2010

Restoration Hardware said Wednesday it has selected Cass Information Systems to provide freight audit and...

June 12, 2008

Restoration Hardware Inc. said its shareholders approved selling the company to the private-equity group Catterton...

February 28, 2008

Restoration Hardware rejected a last-minute merger bid from Sears Holdings Corp., opting to stick with...

February 28, 2008

Restoration Hardware rejected a last-minute merger bid from Sears Holdings Corp., opting to stick with...

January 24, 2008

San Francisco, Restoration...

December 31, 2007

Billionaire-financier and hedge-fund king Edward “Eddie” S. Lampert, 45, operates in a world of...

December 31, 2007

Billionaire-financier and hedge-fund king Edward “Eddie” S. Lampert, 45, operates in a world of...

December 13, 2007

San Francisco Sears Holdings Corp. reported Friday that it has submitted a draft acquisition agreement...

December 9, 2007

Hoffman Estates, Ill. Sears Holdings Corp. has agreed to enter into a confidentiality agreement with...

November 26, 2007

Corte Madera, Calif., ...

November 26, 2007

Corte Madera, Calif., ...