Mitchell Gold + Bob Williams

Surya acquires Mitchell Gold + Bob Williams, focuses on trade-exclusivity

Surya announced today the acquisition of Mitchell Gold + Bob Williams (MG+BW). Under Surya’s stewardship, MG+BW will relaunch as a trade-only partner exclusively serving interior designers and design-centric retailers.

Is the luxe market losing its luster?

Late last week, RH released its second-quarter financial results, which included a 19% drop in revenue compared with the second quarter of last year. Even while giving its annual revenue guidance the tiniest of bumps — now estimated at $3.04 billion to $3.1 billion from a prior forecast of $3 billion to $3.1 billion — the company noted the difficulties that lie ahead.