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RH Makes a Big Real Estate Investment, Memphis Group Member Dies, and More News This Week

RH Makes a Big Real Estate Investment, Memphis Group Member Dies, and More News This Week


From significant business changes to noteworthy product launches, there’s always something new happening in the world of design. In this weekly roundup, AD PRO has everything you need to know.

Business

RH Makes a Serious Aspen Investment

RH just keeps growing. Along with the immersive shopping and dining centers it has been rolling out across the country, including a recent showstopper in Marin County, California, the home furnishings brand is also expanding into housing. The company has announced that it is investing $105 million in a new development in Aspen, Colorado, which will include a plethora of offerings including a boutique hotel, an RH Gallery, a bath house and spa, restaurants, and a series of fully furnished RH Residences. In other words, the chance to completely immerse yourself in the chic and cozy world of RH will soon be in reach.

Kvadrat Enters a New Phase in the U.S. 

The dissolution of Kvadrat’s relationship with fellow textile house Maharam has officially gone into effect. “We are thrilled to now offer our complete portfolio of products and services to American clients, particularly through the upcoming launch of physical showrooms in the States,” Anders Byriel, CEO of Kvadrat, comments to AD PRO. “Creative collaboration across disciplines is one of Kvadrat’s core tenets, so the opportunity to partner with some of our longtime collaborators is particularly exciting. Erwan and Ronan Bouroullec, who have previously designed both showrooms and textile collections, and Jonathan Olivares, who designed our Twill Weave upholstery textile, have a deep understanding of the brand, which we are excited to share with the architecture and design community here in the United States.”

A Kvadrat fabric map of the United States. 

Photo: Courtesy of Kvadrat

House of Hackney Gets B Corp Certification

House of Hackney, a brand beloved for its maximalist wallpapers and fabrics, knows how to design a good Victorian flower. So it makes sense that the company would care about making the world a better place for flora and fauna. This week, House of Hackney announced its B Corp certification, meaning that it meets the highest set of criteria related to environmental and social performance, as well as accountability and transparency. 

Lenox Acquires Flatware Brand Hampton Forge

On the heels of a tumultuous year for Lenox (which included pandemic-induced store and factory closures and a purchase by private equity firm Centre Lane Partners), the legacy tableware brand is back in the news, this time for acquiring flatware company Hampton Forge. “We have spent the past 18 to 24 months shaping our operational platform for growth and are ready to include the Hampton Forge expertise and craftsmanship into our organization,” Mads Ryder, CEO of Lenox Corporation, said in a statement. 

In Memoriam

Ernesto Gismondi, Founder and President of Artemide Group, Has Died



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