Restoration Hardware to create new company for apparel biz

20 Aug '12

3 min read

Restoration Hardware is jointly controlled by Catterton Partners and Tower Three Partners. William D. Forrest, Managing Partner of Tower Three Partners, said, “We are thrilled with Carlos’s promotion to CEO of Restoration Hardware. Carlos has made a significant impact on the Company’s growth and enhanced performance over the past two years and he will lead a very strong management team. We are confident that Carlos will continue his successful leadership of Restoration Hardware.”

Gary Friedman commented, “Today’s announcement supports our goal and belief that we can curate a lifestyle well beyond the four walls of the home. It allows us to leverage our core capabilities to innovate, curate, and integrate new businesses and develop a brand that transcends typical models existing today. I am proud of the strong brand we have built, excited to pursue this new paradigm and partnership with Carlos, and passionate about imagining and creating a truly special business and brand.”

Carlos Alberini stated, “We have a great team of very passionate and committed people. We have accomplished a lot as an organization and we see big opportunities ahead. I am honored that the Board has entrusted me with this new role and I could not be happier to work with Gary to continue to build this amazing Company together.”

Restoration Hardware

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