RH Expands in Canada, Opens Second Design Gallery in Montreal

RH has opened its second design gallery in Canada, RH Montreal, The Gallery at Royalmount, spanning 49,000 sq. ft. The location features RH Interiors, Modern and Outdoor collections, art and antiques, and a rooftop restaurant. RH aims to expand globally with immersive spaces that engage with local markets. Despite a challenging housing market, the firm forecasts revenue growth of 10-13% in fiscal 2025 and adjusted operating margins of 14-15%.

RH (NYSE: RH) has expanded its global footprint with the opening of RH Montreal, The Gallery at Royalmount, a 49,000 sq. ft. immersive retail experience. Located at 5080 Chemin de la Côte-de-Liesse, the new gallery integrates luxury home furnishings collections from RH Interiors, Modern, and Outdoor with rare art, antiques, and artifacts from around the globe [1].

The design of RH Montreal, The Gallery at Royalmount, is a transparent, multi-level structure with an artisanal brick facade in a custom parchment-cream palette. The exterior is complemented by an expanse of glass-and-bronze doors that lead to lush garden courtyards and terraces [1]. The gallery features a Rooftop Restaurant & Park offering a thoughtfully curated menu of enduring classics and fresh seafood dishes, along with a design atelier offering professional design services [1].

The new gallery is part of RH's strategy to expand globally with immersive spaces that engage with local markets. Despite a challenging housing market, RH forecasts revenue growth of 10-13% in fiscal 2025 and adjusted operating margins of 14-15% [2].

References
[1] https://www.marketscreener.com/news/rh-announces-the-opening-of-rh-montreal-the-gallery-at-royalmount-ce7c5cd3d08af423
[2] https://finance.yahoo.com/news/rh-defies-50-housing-slump-155200861.html