RH expects customers to continue spending on their homes. Plus, why the secondhand market could be poised for a major boost during the holiday shopping season, and Peloton will soon offer private-label apparel.
Data:
150: Number of Lululemon stores with Mirror shop-in-shops.
31%-33%: RH’s expected full-year revenue growth.
11x: Projected pace of secondhand market growth compared to retail clothing sector in next five years.
989M: RH’s 2021 Q2 net revenue, up 40% from 2019.
77B: Projected value of the secondhand market by 2025.