Consumer

Demand increased 13.7% in Q2

Demand increased 13.7% despite the worst housing market in almost 50 years, showing resilience and market share gains.

Consumer

RH Paris, located on the Champs-Élysées, is described as the company's most innovative and immersive brand experience to date, opening in September 2025.
The Paris gallery has exceeded RH New York in daily traffic since opening, indicating strong market reception.
The design pipeline in Paris during the first 6 days surpasses the combined pipeline of the first five European galleries, signaling rapid growth potential.
RH Paris features a multi-level, architecturally stunning space with rare art, a library, and hospitality concepts, emphasizing a blend of art, design, and luxury.
Management views RH Paris as a global destination that will generate desire, inspire, and elevate the RH brand, with plans to expand in London and Milan.
Early results suggest that RH Paris is a significant inflection point for the European market, with expectations to double the size of RH in Europe over 5-7 years.