Former Williams-Sonoma Brand President to develop a curated
collection of kitchen furniture, appliances, lighting,
cookware, tools and food
CORTE MADERA, Calif.--(BUSINESS WIRE)--Jun. 13, 2013--
RH (Restoration Hardware Holdings, Inc. - NYSE: RH) today announced that
Richard Harvey has joined the Company as Chief Merchandising Officer, RH
Kitchen and Tableware.
Mr. Harvey spent 30 years at Williams-Sonoma, Inc., most recently as
President of the Williams-Sonoma Brand. In his role as Chief
Merchandising Officer, RH Kitchen and Tableware, Mr. Harvey will develop
a curated collection of kitchen furniture, appliances, lighting,
cookware, tools and food.
RH Kitchen and Tableware will have meaningful representation in the
Company’s next generation Full Line Design Galleries and will be
presented in a unique and distinctive catalog as well as featured online
at rh.com.
RH Kitchen and Tableware is expected to launch in late 2014.
Carlos Alberini, Chief Executive Officer, commented, “Kitchen and
Tableware represent a $25 billion market and a significant growth
opportunity for our Company. We are honored that Richard, arguably the
most experienced and talented leader in this industry, has joined our
team.”
Gary Friedman, Chairman Emeritus, Creator and Curator, said, “I am
thrilled to once again work with Richard to reimagine and reinvent this
important part of the home. We believe the kitchen represents a
tremendous opportunity for us to express our creativity and design point
of view.”
Richard Harvey, Chief Merchandising Officer, RH Kitchen and Tableware,
stated, “I am delighted to join Gary, Carlos and this innovative
organization and am excited to have the opportunity to conceptualize a
new and original expression of this business.”
Forward-Looking Statements
This release contains forward-looking statements within the meaning of
the federal securities laws including statements related to our planned
development of a curated collection of kitchen furniture, appliances,
lighting, cookware, tools and food, the planned presentation of RH
Kitchen and Tableware in our Full Line Design Galleries, in a new
catalog and at rh.com, the expected timing of the launch of RH Kitchen
and Tableware, and the growth and other opportunities to the Company of
RH Kitchen and Tableware. You can identify forward-looking statements by
the fact that they do not relate strictly to historical or current
facts. These statements may include words such as “anticipate,”
“estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,”
“will,” “should,” “likely” and other words and terms of similar meaning
in connection with any discussion of the timing or nature of future
events. We cannot assure you that future developments affecting us will
be those that we have anticipated. Important risks and uncertainties
that could cause actual results to differ materially from our
expectations include, among others, recent changes in general economic
conditions and the impact on consumer confidence and consumer spending,
changes in customer demand for our products, our ability to anticipate
consumer preferences and buying trends, risks related to the number of
new business initiatives we are undertaking, risks in the implementation
or our real estate portfolio transformation, delays in store openings,
as well as those risks and uncertainties disclosed under the sections
entitled “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” in our Form 10-K filed
with the Securities and Exchange Commission on April 29, 2013 and
available on our investor relations website at ir.restorationhardware.com
and on the SEC website at www.sec.gov.
Any forward-looking statement made by us in this press release speaks
only as of the date on which we make it. We undertake no obligation to
publicly update any forward-looking statement, whether as a result of
new information, future developments or otherwise, except as may be
required by any applicable securities laws.
Source: Restoration Hardware Holdings, Inc.
Restoration Hardware Holdings, Inc.
Cammeron McLaughlin,
415-945-4998 (Investor)
cmclaughlin@restorationhardware.com
Katya
Sorokko, 415-945-3598 (Press)
ksorokko@restorationhardware.com
