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RH acquires two companies to more firmly establish its luxury credentials.
CORTE MADERA, Calif. — RH has announced the acquisition of Dmitriy & Co, a to-the-trade custom upholstery atelier, and Jeup Inc., a to-the-trade custom furniture atelier, as part of its ongoing strategy to be a leader in luxury furnishings.
Dmitriy founders, Donna and David Feldman, have been hired by RH to form RH Couture Upholstery, and Jeup founder, Joseph Jeup, has been hired by RH to head up RH Bespoke Furniture.
In addition, RH has hired Margaret Russell, former editor-in-chief of Architectural Digest and Elle Decor, to create RH Media, an editorial-content platform that will celebrate the most innovative and influential people and ideas that are shaping the world of architecture and design, according to the company.
Gary Friedman, RH chairman and CEO, said, “Today’s announcements, plus our previous acquisition of Waterworks, firmly plant four RH flags at the very top of the luxury mountain and clearly state our intention of establishing RH as an arbiter of taste and design in the to-the-trade, luxury home furnishings market.
“These brands and businesses, thoughtfully integrated and amplified on what we believe will be the world’s most innovative and dynamic global design platform, will begin to fundamentally change the landscape of the interior design industry,” said Friedman.
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