## Overview of RH
RH (formerly Restoration Hardware) is an upscale American home-furnishings company headquartered in Corte Madera, California, operating in the luxury lifestyle market[1][4]. The company curates and sells high-end furniture, lighting, textiles, décor, and more through an integrated ecosystem of retail galleries, catalogs, and online platforms[4][6]. RH distinguishes itself with immersive, large-format Design Galleries that serve as experiential showrooms, often located in landmark buildings, and has expanded into hospitality with RH Guesthouses and Restaurants, extending its brand beyond traditional retail[2][6].
## History and Evolution
RH was founded in 1979 as Restoration Hardware by Stephen Gordon in Eureka, California, after he struggled to find authentic period hardware for his Victorian home[2][3]. The company began as a niche retailer of historical reproductions but gradually transformed under the leadership of Gary Friedman, who joined in 2001 and spearheaded a strategic shift toward luxury and lifestyle branding[2][3]. RH went public in 1998, was taken private in 2008 by private equity firms, and returned to the public markets in 2012, rebranding as RH in 2017 to reflect its broader ambitions[2][3].
Key milestones include the launch of the RH Members Program in 2016, which introduced a $175 annual membership for exclusive access and services, and the expansion into contemporary product lines and hospitality in recent years[2]. The company’s evolution from a hardware store to a global arbiter of taste in home furnishings is a testament to its adaptability and vision[6].
## Key Achievements and Current Status
RH’s financials are robust, with revenues of $3.18 billion and profits of $72 million for the fiscal year ended January 2025, and a market value of approximately $4.36 billion as of March 2025[1]. The company employs over 6