Restoration Hardware

Restoration Hardware, now known as RH, is a luxury retailer specializing in high-end home furnishings and lifestyle products. The company was founded in 1979 by Stephen Gordon in California, inspired by his search for quality accessories for his Victorian home. From these beginnings, RH grew into one of the first major American retailers to offer upscale furniture and décor.

As of November 2025, RH operates as an independent, publicly traded company on the New York Stock Exchange, with a market capitalization ranging between $2.95 and $3.62 billion. The brand’s reach now extends across the United States, Canada, the United Kingdom, Germany, Belgium, and Spain, reflecting a significant international expansion over the past five years. This period has seen RH invest heavily in flagship locations and experiential retail environments, most notably with the opening of its Paris gallery on the Champs-Élysées. This Paris flagship represents a major commitment to the European luxury market and occupies a historically significant building, underscoring RH’s focus on architecturally distinctive sites.

RH’s business is organized into three segments: its core luxury home furnishings, Waterworks (which offers premium bathware and fixtures), and a real estate division that includes hospitality and residential properties. The company’s retail strategy blends physical galleries, outlet stores, guesthouses, and interior design offices with robust digital channels. This multi-format approach allows RH to engage affluent consumers through both immersive in-person experiences and online platforms.

In recent years, RH has prioritized growth in high-traffic, luxury retail corridors and expanded its presence in hospitality, aligning with evolving consumer expectations for experiential shopping. The company’s commitment to design and innovation is reflected in its portfolio of 101 patents focused on furniture and technical specifications. With strong analyst projections for earnings growth and a premium valuation, RH continues to build credibility in the luxury retail sector. Expansion inquiries are typically managed through its corporate headquarters, as public-facing real estate contacts remain limited.