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3 days ago · Learn about Gary Friedman, the self-made billionaire who turned around RH, formerly Restoration Hardware, from near bankruptcy to over $3 billion in sales. See his net worth, wealth history, personal stats, education and more on Forbes.
August 6, 1957 (age 66) San Francisco, California, U.S. Occupation (s) CEO, Chairman of the Board of Restoration Hardware. Gary Friedman is the chairman and chief executive officer of home furnishings retailer Restoration Hardware, Inc. [1]
Jun 25, 2020 · Gary Friedman, CEO and chairman of RH. (Credit: photo courtesy of RH.) RH. As coronavirus began to sweep across America, putting much of the country in shutdown, luxury furniture retailer RH —...
- Restoration Hardware’s Origins
- The Intraoffice Scandal and The FBI
- RH and The Marin Lifestyle
- Marin Sinks in
- RH Expands — and Expands Again — The Notion of Home Store
- Corte Madera Realizes Its Place as RH’s True Flagship Store
- Covid Times Are Temporary
- The Notorious C.A.T.A.L.O.G.
- The Future
Founded in 1979 in Eureka, California by Stephen Gordon, who sought in vain for affordable fixtures during the restoration of a Victorian, Restoration Hardware spent the first 19 years of existence developing a following of customers passionate about design, both vintage and modern, and well, Victorian. Fittings and fixtures, from door knobs and fa...
Nearing his 20 year anniversary with the business known since 2012 as RH, the famously press-shy Friedman has endured his shares of ups and downs with the company. Most notoriously, a relationship with a former company subordinate during the lead-up to the company’s initial public offering in 2012 resulted in death threats from the ex-associate’s e...
Lifestyle curation never stopped being a priority for RH. The neutral tones of Northern California’s landscape, already steeped into the brand’s look and feel, came to define the company’s aesthetic under Friedman. “Where I live — the climate, the beauty, the indoor-outdoor, casual elegance of Marin — has a lot to do with how I see the world,” he s...
Planting his roots in Marin — a home in Belvedere and RH company headquarters in Corte Madera — this place of sun and fog, hills that fade with the winter rains from brilliant green to ecru, Friedman not only embraced Marin, but turned its wondrous landscapes into RH’s color palette. “People will say ‘you have no color, only neutrals and grays’ and...
On Friedman’s watch, RH has moved deeper into retail’s many tiers, branching out from furniture and fittings into 12 categories which now include textiles, lighting and outdoor as well as art, partnering with artists like Los Angeles’s Portia de Rossi and Mexico’s Adriana Jimenez Blanchet. Collections have expanded from RH Interiors (the classic) t...
Marin is RH’s tenth gallery and restaurant concept, opening after success in Yountville, Chicago and New York, among other locations. Opening in Corte Madera was an important step for this Marin-based business, according to Friedman. “Everything comes together here. Our Center of Innovation and Product Leadership is in Marin. The best expression of...
The arrival of Covid-19 has not placed a particular damper on Friedman’s strategic plans for RH. “I don’t think you craft a strategy for temporal things,” he told me. Though Friedman expects an acceleration of online shopping, from their current 13 or 15% of sales to 20 or 25% of sales, he expects customers to return to the stores once they are all...
Friedman also noted this time as quieter, an opportunity to think more deeply about the business. Does the deep think mean homeowners should expect to continue receiving RH’s massive catalog again this fall? Or will the thunk of the 750 page behemoth landing on your doorstep fade from memory as digital continues its march ever deeper into our lives...
Friedman is not done evolving RH. Plans are in the works to bring solar powered energy to stores. And an effort is underway with Tesla to power company headquarters and move designers to meetings using renewable energy. “We want to leapfrog into the future and inspire others to make the same kind of move,” Friedman says. The brand’s upcoming introd...
Jun 4, 2023 · Gary Friedman, the visionary leader of RH (formerly Restoration Hardware), reveals how he transformed a 17th-century estate into a global destination for design, food and wine. He also shares his plans for more exclusive galleries, restaurants and lodging across Europe and Australia.
How CEO Gary Friedman Built Restoration Hardware Into RH, a Luxury-Brand Juggernaut. A transformation 20 years in the making. Gary Friedman moved to RH nearly 20 years ago, after spending...
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Mar 30, 2022 · CEO Gary Friedman's top 5 economic doomsday warnings from his quarterly earnings call | Fortune. Finance · economy. This CEO’s apocalyptic economic predictions have everyone talking. Here are...
