RH Announces the Opening of RH Palo Alto, The Gallery at Stanford
RH (NYSE: RH) has opened RH Palo Alto, The Gallery at Stanford, a 60,000-square-foot luxury retail space. This multi-level gallery integrates collections from RH Interiors, Contemporary, Modern, and Outdoor with rare art and artifacts from around the world. The new space features a Rooftop Restaurant, Wine Bar, and Park, along with an Interior Design Studio. CEO Gary Friedman highlights the company's commitment to creating immersive, architecturally inspiring spaces.
Key features include a dramatic glass-encased Rooftop Restaurant with a reimagined menu, a series of intimate RH Outdoor lounge spaces, and a cascading center fountain. The gallery also houses a design studio offering professional services and state-of-the-art technology. Located at 180 El Camino Real, Palo Alto, CA, the gallery aims to blend residential, retail, and hospitality experiences.
- Opening of a new 60,000-square-foot retail space at a prime location in Palo Alto.
- Integration of diverse collections of luxury home furnishings and rare art.
- Introduction of a reimagined menu in the Rooftop Restaurant.
- Features a Wine Bar with -production offerings from Napa Valley.
- Enhanced customer experience with an Interior Design Studio offering professional services.
- High operational costs associated with maintaining a large, multi-level facility.
- The potential financial risk if the new location fails to attract sufficient customer traffic.
- Possible market saturation in the luxury home furnishings sector in Palo Alto.
60,000-Square-Foot, Three-Level Indoor-Outdoor Experience Presents One of the Largest Collections of Luxury Home Furnishings in the World, with a Rooftop Restaurant, Wine Bar & Park, Interior Design Studio, and Dramatic Installations of RH Interiors, Contemporary, Modern and Outdoor Collections
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RH Chairman & Chief Executive Officer Gary Friedman commented, “RH Palo Alto reflects our commitment to creating architecturally inspiring and immersive spaces that blur the lines between residential and retail, indoors and outdoors, home and hospitality. Spaces that activate all our senses, and spaces that cannot be replicated online.” Mr. Friedman continued, “We are thrilled to be part of the energy and invention that continues to define the Silicon Valley community, and we are proud to add this Gallery to our hometown portfolio.”
Conceptualized as a transparent, multilevel contemporary structure, the Gallery features a parchment-cream Venetian plaster exterior with an expanse of glass-and-steel French doors that open onto lush garden courtyards and terraces surrounded by 100-year-old heritage olive trees.
Ascending a grand champagne double floating staircase to the third level, guests will arrive at the Rooftop Restaurant, presenting the most significant reimagination of the brand’s menu in over a decade, including new signature dishes such as a Whole Grilled Branzino, The Grilled Vegetable & Shrimp Salad, and what we believe might be the best Fried Chicken Sandwich in America. Set within a year-round, skylit garden escape beneath a dramatic atrium with heritage olive trees, sparkling chandeliers and a cascading center fountain sculpted of solid Biancone limestone, the restaurant seamlessly extends from the indoors to out to a beautifully landscaped Rooftop Park. Influenced by the classical gardens of
A pair of cascading water walls of Italian limestone inspired by the iconic fountain in New York City’s Paley Park flank the grand stair, and an adjacent Wine Bar serves exceptional Champagnes and wines, including limited-production offerings from Napa Valley’s renowned small vintners, for visitors to enjoy in the park or while exploring the rest of the gallery.
On level two, guests will discover artistic lifestyle installations of RH Collections by internationally acclaimed designers – as well as the RH Interior Design Studio. RH offers professional design services in an interactive atelier that includes a private presentation room, state-of-the-art technology, design libraries showcasing a wide assortment of textiles, furniture and lighting finishes and an RH Rugs showroom presenting an exclusive collection.
On the main level, visitors will pass through a 25-foot threshold of retractable glass-and-steel doors as they continue into the central hall with soaring 13-foot ceilings and natural light emanating from a monumental skylight three floors above. Along the periphery, barrel-vaulted passageways lead to a classical arrangement of rooms integrating the brand’s assortment of furnishings, lighting and décor with one-of-a-kind antiques and artifacts from Friedman’s world travels.
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For more, visit RH.com.
ABOUT RH
RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market. The company offers collections through its retail galleries, sourcebooks and online at RH.com, RHContemporary.com, RHModern.com, RHBabyandChild.com, RHTEEN.com, and Waterworks.com.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the following: RH Palo Alto presenting one of the largest collections of luxury home furnishings in the world; RH Palo Alto being an innovative retail experience that seamlessly integrates RH’s luxury home furnishing collections with rare art, antiques and artifacts from across the globe; the Rooftop Restaurant presenting the most significant reimagination of the brand’s menu in over a decade; the Fried Chicken Sandwich being the best such sandwich in America; the Wine Bar serving exceptional Champagnes, including limited-production offerings from Napa Valley’s renowned small vintners; artistic lifestyle installations of RH Collections being by internationally acclaimed designers; RH Rugs showroom presenting an exclusive collection; the main level featuring rooms that integrate the brand’s assortment of furnishings, lighting and décor with one-of-a-kind antiques and artifacts from Friedman’s world travels; and any statements or assumptions underlying any of the foregoing, and similar statements. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. 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, risks related to civil unrest; risks related to general economic conditions and the housing market as well as the impact of economic conditions on consumer confidence and spending; changes in customer demand for our products; our ability to anticipate consumer preferences and buying trends; consumer spending based on weather and other conditions beyond our control; risks related to the number of new business initiatives we are undertaking; our ability to obtain our products in a timely fashion or in the quantities required; risks related to our sourcing and supply chain including our dependence on imported products produced by foreign manufacturers and risks related to importation of such products, 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 RH’s most recent Form 10-K and Forms 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on our investor relations website at ir.rh.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.
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PRESS CONTACT: TruthGroup@RH.com
INVESTOR RELATIONS CONTACT: InvestorRelations@RH.com
Source: RH
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