Arhaus, Inc.

Arhaus, Inc. is a premium home furnishings brand founded in 1986 by John Reed. The company operates a vertically integrated model, designing and sourcing products directly from artisans and manufacturing vendors globally, including domestic upholstery production at its North Carolina manufacturing facility. This model allows Arhaus to offer an exclusive and customizable assortment of heirloom-quality furniture and décor. Arhaus has over 100 Showroom locations across the United States and uses an integrated omni-channel model connecting showrooms, interior design, eCommerce, and catalogs. The company's Class A common stock began trading on the Nasdaq Global Select Market under the symbol "ARHS" on November 4, 2021, following its initial public offering. Arhaus's vertically integrated model, which includes design and product development teams, upholstery manufacturing, direct vendor sourcing, and direct-to-consumer and direct-to-trade selling, helps maintain control over product quality, design integrity, and value. The company offers merchandise in categories such as furniture, outdoor, bath, lighting, textiles, and décor. Arhaus believes the United States premium home furnishings market is approximately $100 billion and is highly fragmented, providing an opportunity for market share growth.