Arhaus, Inc. (ARHS)

Arhaus is a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings. They offer a differentiated direct-to-consumer approach to furniture and décor, through which they sell artisan-quality products that embody their emphasis on livable luxury. Their products, designed to be used and enjoyed throughout the home, are sourced directly from factories and suppliers with no wholesale or dealer markup, allowing them to offer an exclusive assortment with an attractive value. They are a national omni-channel retailer with 75 Showrooms, including three Outlet stores, across 27 states and compete in the attractive premium home furnishings market, which they believe is the portion of the market with higher than industry average merchandise price points and quality. They were founded in 1986 by John Reed, their current CEO, and his father in Cleveland, Ohio. Their unique concept is dedicated to bringing their clients heirloom quality, artisan-made furniture and décor while providing a dynamic and welcoming experience in their Showrooms and online with the belief that retail is theater. They have remained true to their founding principles of curating artisan quality and exclusive products by directly sourcing with minimal dealer or wholesale involvement. They have grown from a single Showroom in Cleveland, Ohio to an omni-channel retailer with 75 Showrooms nationally.

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