RH Unveils Its Largest Gallery in the World, RH Newport Beach

Rhea-AI Summary

RH (NYSE: RH) has unveiled its largest gallery worldwide, RH Newport Beach, spanning 97,000 square feet across four floors. The new location features a 270-seat indoor-outdoor rooftop restaurant, RH Ocean Grill, specializing in seafood and caviar. The gallery showcases luxury home furnishings from RH Interiors, Modern, Outdoor, Baby & Child, and TEEN collections, alongside rare art and antiques.

The multi-level structure includes a 3,000-square-foot Waterworks Showroom, an 8,500-square-foot Interior Design Atelier, and extensive outdoor spaces. The building features a parchment-cream Venetian plaster exterior, glass-and-steel French doors, and garden courtyards with 100-year-old heritage olive trees. Two Wine Bars on the fourth floor complement the dining experience, serving international and Napa Valley wines.

Positive

• Expansion of physical retail presence with largest gallery worldwide (97,000 sq ft)
• Integration of high-margin hospitality business with 270-seat rooftop restaurant
• Strategic location in luxury market of Newport Beach
• Addition of first fully integrated Waterworks Showroom (3,000 sq ft)
• Large-scale Interior Design Atelier (8,500 sq ft) offering professional services

Negative

• None.

Insights

Real Estate Analyst

The unveiling of RH's largest gallery in Newport Beach represents a significant strategic expansion, with the 97,000-square-foot luxury retail space positioned in an affluent coastal market. The location's premium positioning and integration of retail with hospitality through the RH Ocean Grill creates multiple revenue streams. The Waterworks Showroom integration and extensive Interior Design Atelier demonstrate vertical integration and service expansion potential. This flagship location's emphasis on experiential retail and luxury positioning aligns with high-end consumer demographics, though success will depend on maintaining strong foot traffic and conversion rates in a challenging retail environment.

Retail Industry Analyst

This expansion marks a bold move in RH's experiential retail strategy, elevating the brand beyond traditional furniture retail. The integration of hospitality with the 270-seat rooftop restaurant, wine bars and design services creates a comprehensive luxury lifestyle destination. The timing is strategic as luxury retail shows resilience despite broader market pressures. The gallery's emphasis on immersive experiences and high-end positioning could drive higher average transaction values and customer engagement. However, the substantial investment in physical retail space carries execution risks in an increasingly digital-first retail landscape.

97,000 Square Feet of Indoor and Outdoor Space Spread Over Four Floors With Views of The Pacific Ocean is One of RH’s Most Dramatic, Immersive and Brand-Defining Physical Experiences to Date

CORTE MADERA, Calif.--(BUSINESS WIRE)-- RH (NYSE: RH) announced today the opening of RH Newport Beach, The Gallery at Fashion Island, an immersive retail experience seamlessly integrating luxury home furnishings collections from RH Interiors, Modern, Outdoor, Baby & Child and TEEN with rare art, antiques and artifacts from across the globe. Reflecting the brand’s continued commitment to hospitality, RH Newport Beach debuts RH Ocean Grill – a 270-seat indoor-outdoor rooftop restaurant presenting a new menu with an emphasis on seafood and caviar specialties, complemented by uninterrupted views and dramatic sunsets over the California coastline.

RH Newport Beach, The Gallery at Fashion Island (Photo: Business Wire)

“RH Newport Beach is one of our most dramatic, immersive and brand-defining physical locations to date,” said RH Chairman & CEO Gary Friedman. “The Gallery reflects our quest to continue revolutionizing 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 Southern California market.

“We continue to open the most innovative and immersive physical experiences in our industry, and some would say the world. The impressive and innovative spirit of RH Newport Beach is evident in every detail, and we are honored to bring our largest and most dramatic retail and hospitality destinations to Southern California.”

Conceptualized as a transparent, multi-level contemporary structure filled with fresh air and natural light, the Gallery features a parchment-cream Venetian plaster exterior with an expanse of glass-and-steel French doors that open onto garden courtyards marked by a serene walking path with decomposed granite and bluestone pavers, surrounded by magnificent 100-year-old heritage olive trees.

Ascending a grand, architecturally inspiring double floating staircase to the rooftop, guests arrive at the one-of-a-kind RH Ocean Grill. Set within a year-round, skylit garden escape, guests can enjoy fresh seafood dishes and enduring classics from the restaurant’s live-fire hearth, all beneath a dramatic atrium with sparkling chandeliers, heritage olive trees and a cascading central fountain. Seamlessly extending from indoors to out, the restaurant also features al fresco seating, where guests can dine surrounded by lush gardens inspired by the great classical landscapes of Europe.

Flanking the grand stair on level four, two adjacent Wine Bars serve exceptional Champagnes and wines from around the world, along with familiar favorites from Napa Valley, for visitors to enjoy while exploring the rest of the gallery or rooftop park.

Level three unveils RH’s first fully integrated Waterworks Showroom, featuring 3,000 square feet showcasing a curated assortment of bath and kitchen fittings, fixtures, accessories, lighting and surfaces. Visitors will also find an interactive 8,500-square-foot RH Interior Design Atelier, offering an unparalleled level of professional design services.

On the lower levels, guests will discover artistic lifestyle installations of RH Collections by internationally acclaimed designers, along with exterior terraces and courtyards showcasing the largest assortment of RH Outdoor collections in North America. Barrel-vaulted passageways along the periphery lead to a classical arrangement of rooms that seamlessly integrate the brand’s furnishings, lighting and décor with one-of-a-kind antiques and artifacts from Friedman’s world travels.

RH Newport Beach also features RH Baby & Child and RH TEEN, presenting collections that seamlessly blend with the rest of the home, as well as petite versions of the brand’s iconic sofas, sectionals and chairs, displayed in an intimate progression of rooms.

RH Newport Beach, The Gallery at Fashion Island is located at 1101 Newport Beach Center Drive. The Gallery can be reached at 949.760.9232. Gallery hours of operation are Sunday through Wednesday 10am to 8pm; Thursday through Saturday 10am to 9pm. RH Ocean Grill hours of operation are Monday through Wednesday 11:30am to 8pm; Thursday and Friday 11:30am to 9pm; Saturday 10am to 9pm; Sunday 10am to 8pm.

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 Newport Beach being one of RH’s most dramatic, immersive and brand-defining physical experiences to date; RH Newport Beach being an immersive retail experience seamlessly integrating luxury home furnishing collections from RH Interiors, Modern, Outdoor, Baby & Child and TEEN with rare art, antiques and artifacts from across the globe; RH Ocean Grill presenting a new menu with an emphasis on seafood and caviar specialties; RH continuing to open the most innovative and immersive physical experiences in our industry, and some would say the world; the one-of-a-kind nature of the RH Ocean Grill; the Wine Bar serving exceptional Champagnes and wines from around the world, along with familiar favorites from Napa Valley; the RH Interior Design Atelier offering an unparalleled level of professional design services; artistic lifestyle installations of RH Collections being by internationally acclaimed designers; the largest assortment of RH Outdoor collections in North America showcased at the Gallery; the Gallery featuring rooms that seamlessly integrate the brand’s 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241216969398/en/

PRESS CONTACT: TruthGroup@RH.com

INVESTOR RELATIONS CONTACT: InvestorRelations@RH.com

Source: RH

FAQ

How large is the new RH Newport Beach gallery and what makes it unique?

RH Newport Beach is 97,000 square feet spread over four floors, making it RH's largest gallery worldwide. It features a rooftop restaurant, Waterworks Showroom, Interior Design Atelier, and extensive outdoor spaces with views of the Pacific Ocean.

What dining options are available at RH Newport Beach?

RH Newport Beach features the RH Ocean Grill, a 270-seat indoor-outdoor rooftop restaurant specializing in seafood and caviar, plus two Wine Bars serving international and Napa Valley wines.

What retail collections are featured in RH Newport Beach?

The gallery showcases collections from RH Interiors, Modern, Outdoor, Baby & Child, and TEEN, along with rare art, antiques, and artifacts from around the world.

What professional services does RH Newport Beach offer?

RH Newport Beach features an 8,500-square-foot Interior Design Atelier offering professional design services and a 3,000-square-foot Waterworks Showroom for bath and kitchen solutions.

What are the operating hours for RH Newport Beach and RH Ocean Grill?

The gallery is open Sunday-Wednesday 10am-8pm and Thursday-Saturday 10am-9pm. RH Ocean Grill operates Monday-Wednesday 11:30am-8pm, Thursday-Friday 11:30am-9pm, Saturday 10am-9pm, and Sunday 10am-8pm.