NEW YORK – December 12, 2023 – Ralph Lauren Corporation (NYSE:RL) today announced a strategic, long-term agreement with Haworth Lifestyle Design, a recognized leader in the design, manufacturing and distribution of luxury furniture, enabling Ralph Lauren to continue to expand and grow its Home business. Commencing April 1, 2024, the agreement brings together the strength of the Ralph Lauren brand with the operational expertise of Haworth Lifestyle Design in a first-of-its-kind collaboration for the two companies that is designed to significantly expand the production and distribution of Ralph Lauren’s Italian-made, luxury furniture offerings. The collaboration will also include the development and operations of a network of new, freestanding, immersive Ralph Lauren Home stores in strategic locations globally.
Ralph Lauren Announces Strategic Collaboration to Accelerate Growth of Luxury Furniture Business
Long-term agreement with industry leader Haworth Lifestyle Design will expand luxury furniture distribution, including opening of first standalone Ralph Lauren Home stores
Haworth believes great spaces empower people to thrive and work their best. As a leading global furniture maker, the company partners with customers, dealers and influencers to create spaces that result in effective people and efficient real estate. Haworth’s customer-first approach comes from an entrepreneurial spirit, design-forward thinking and multicultural perspectives. With a heritage in the workplace, Haworth is the founding brand of Haworth Group. The Haworth Group designs at the intersection of people and environments with brands like Haworth, AIS, BuzziSpace, Cappellini, Cassina, Ceccotti Collezioni, Heller, Hushoffice, Interni, JANUS et Cie, Karakter, Luminaire, Luxury Living Group, Poltrona Frau, Tayco, Tuohy and Zanotta.
Founded in 1948, Haworth Group is a privately-owned company operating in more than 150 countries through a global network of 400 dealers and 8,000 employees. Headquartered in Holland, Michigan, U.S.A., the company has sales of $2.7 billion USD.