Wed, Apr. 13, 10:00 AM
- Restoration Hardware (RH +4.7%) says it will integrate Waterworks into its business after acquiring the brand for ~$117M.
- Waterworks is a bathroom and kitchen product specialist which showcases its designs through 15 showrooms in the U.S. and U.K., as well as other retail partners.
- The company notes that it now covers every room in the house through a variety of selling channels.
- Now read Restoration Hardware's Supply Chain Struggles Aside, Margin Guidance Still Intact