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Despite sales dip, RH betting big on physical-first long game
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Despite sales dip, RH betting big on physical-first long game
RH’s spending frenzy continues, debt beginning to mount CORTE MADERA, Calif. RH is set to officially open this month its latest European flagship inside a 70,000-square-foot former palace on Milan’s Corso Venezia. Gary Friedman, RH’s chairman and CEO, told analysts on an earnings call Monday that the company’s lavish, luxe, immersive spaces aren’t about selling sofas; they are about changing what people think a furniture store can be. In falling…
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