Friday, September 18, 2009

If you enjoyed the 100+ comments on the sofa post a while ago...

You should read all of THIS. Grab your wine (boozer) and your laptop, and enjoy.

I didn't know all of this about Restoration Hardware. And I love the condo story.

A snippet:

On June 18, 2008 Restoration Hardware was de-listed from the NASDAQ and ceased to be a publicly traded company. They were bought by Catterton Partners, a private equity firm specializing in “middle market consumer companies.” They also own:

Outback Steakhouse
Archway
Breyers
Van’s

among many others.

Their “realized investments” (which I take to mean companies they bought, squeezed every drop of potential profitability from, then sold) include:

Build-A-Bear
PF Chang’s
Odwalla
Case Logic
Frederic Fekkai
Wellness Pet Foods

among others.

19 comments:

Anonymous said...

Restoration Hardware sofas from CHINA.

Suck it, Sarah P.

alex said...

oh my god, did y'all know that your precious oly studio furniture is made in indonesia? are we okay with that, or no?

this guy is a DOUCHE and hello, RIP OFF ARTIST. 'if you want another persons design, come to me! i'll make it for half price! go me!" seriously, he's nothing more than a common con artist.

i see decorno has drunk the cool-aid here as well, sad sad sad. stealing is not okay, even at half price!

susan said...

I am so glad that people came to their senses and the brocade madness ended. It's kinda embarrassing in retrospect. dontcha think?

I just don't understand people's beef with couch seattle- sounds like that man makes DREAMS COME TRUE! i love looking at all the custom sofas in peoples' homes that make them uber happy.

TK said...

Also confirming that RH furniture (none of it) is made in the US. Also, is any of that ginormous stuff going to fit in your house? Oh wait, maybe it will fit in my 3rd vacation home.

Erika said...

Private Equity firms aren't blood suckers. They often help firms to get to the next level of profitability without sacking staff et al. Talk to any business that was a "corporate orphan" about what it's like to have access to capital and trust in management...

Jenn said...

China? That just pisses me off...

David said...

Wellness dog food gave the schnauzers eye-burning, paint-peeling gas. Here's hoping Resto fares better.

Decorno said...

alex - how is taking a photo of a sofa and asking someone to customize it a sin? This is done all the time. I don't think there are too many original ideas left in sofa-making anyway. So if he can make a sofa here in the US to my exact specifications, why not?

It's a COUCH, for fuck's sake. Not the formula for Coke or some patented injection-molded transforming ergonomic rocketship chair. Christ.

Anonymous said...

Alex:

Do a little experiment. Cut out a picture of a sofa from an advertisement and bring it to 20 different upholsterers in your town. Ask each to reproduce it. I guarantee: All 20 will gladly say yes.

couchseattle.com said...

Hey Alex,
Everyone in furniture land is a bit of a rip off artist. There's only so many styles of arm or foot or back-- and each and every one of them has been done before. With regards to 50% off though-- that's just not true. I wish I could be 50% off, but it's just not possible with the costs of foam, lumber, labor, and running a storefront. If you want a Room and Board Jasper at $1340, and LOVE it just the way it is-- you might as well get it there because I can't save you money on it. If you need it custom sized and want a little more variety in fabrics then you should probably check COUCH out-- but overall RB is offering great pricing and American build. Resto though, is a different story. Let's look at the Lancaster. It's a simple rollarm design with three seat cushions and three back cushions. Resto sure as heck didn't design a roll arm 3+3 and was sourcing it from the Old Hickory Tannery in NC for a while-- but then took the design to China. And that, I honestly don't understand. After you figure in the cost of freight, and freight damage, from China, I can't imagine they're saving very much AT all by sourcing from there. And fine, if they want to fly that way, but at least pass some savings on to customers, which they haven't done. Oly is a bit of a different story. I'm almost certain the reason they source abroad is the amount of carving on their pieces. Good wood carvers are EXTREMELY difficult to find in the US. I've tried. Talented, scary quick upholsterers though, can be found by the score in Los Angeles, MI, TN, and NC. And all posturing aside I think Resto should give some of those guys some work.

alex said...

hi decorno. alex here. i just think it's totally ironic that anyone would toot this guys horn when all he does is steal from others to make a business for himself. he's a fraud. without the designs and hard work of the companies he makes fun of and rips off, this ass wipe would have no business of his own.

no shit it's just a couch, why can't he design one for himself? total dick.

Anonymous said...

Hi Alex,

I don't even know couchseattle, but I know you're wrong.

You haven't done your research. His website shows he indeed has dozens of original designs, and he will also take another store's design and change it--sometimes dramatically--to suit a customer's request. That is the opposite of knocking something off. That's creating something new--something other stores don't offer.

The facts were there for you to discover. You took the lazy way out, and condemned the guy with no evidence.

You're not just lazy in your fact-finding, you're morally lazy. I hope you never vote, or serve on a jury.

You're depressing.

Anonymous said...

wow, is alex sarah p's husband?

Anonymous said...

alex you sound like a big fat baby.

Kristin said...

Holy crap, it sounds like two unfortunate-to-know people have it in for couchseattle. If I want a couch at a price point I can actually afford, why can't I have someone make it for me?

Anonymous said...

The whole "Alex"/"Sarah P." thing sounds like a personal grudge, not a philosophical disagreement.

mamacita said...

"Bummer for Axel Vervoordt. Your time is up."

And, "See you in hell, feed-sack pillows."

Anonymous said...

Wow, the seattle couch guy makes some really, REALLY nice couches...

Anonymous said...

And, "See you in hell, feed-sack pillows."

What IS it with the feed-sack pillows lately? Is it a class thing, like wealthy matrons gushing over the quaint charm of the poor villagers, making do with feedsacks rather than Lee Jofa fabric? "So rustic! So cheery!"