The newest RH location features a 270-seat indoor-outdoor rooftop restaurant offering dramatic sunsets over the California coastline.
At 97,000sq ft, the luxury home furnishings retailer’s new showroom at Fashion Island in Newport Beach, California, is its largest location to date. The expansive, four-level space combines RH’s various home collections with rare art, antiques and artifacts from across the globe. It replaces three former RH outposts in the area.
“RH Newport Beach is one of our most dramatic, immersive and brand-defining physical locations to date,” said RH Chairman and CEO Gary Friedman. “The Gallery reflects our quest to continue revolutionising physical retailing, blurring the lines between residential and retail, indoors and outdoors, home and hospitality and we are proud to introduce this inspiring destination in the Souther California market.”
The opening comes as RH has raised its fourth quarter and 2024 fiscal year guidance. For the fourth quarter, it expects revenue growth from 18 per cent to 20 per cent. For the full year, it expects revenue growth of 6.8 per cent to 7.2 per cent.
RH plan to open seven new ‘galleries’ (RH speak for showrooms or stores) in North America and two in Europe next year.
