Teens with a hankering for pricey furniture and décor — and affluent parents — will now have a new place to shop.
The luxury home furnishings retailer is introducing a new store concept called RH Modern this fall.
RH (Restoration Hardware Holdings Inc.) is reportedly planning to open a more than 70,000-sq.-ft. RH Gallery format store at the Tivoli Village upscale shopping center in Las Vegas.
Restoration Hardware Holdings Inc. (RH) reported that its profit for the fourth quarter increased a better-than-expected 25% to $42.5 million from $34.0 million in the year-ago period.
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.