Rosemary Hallgarten wasn’t looking for a buyer for her namesake company. Then Thibaut approached her with an offer that would let her focus more on the creative side of the business.
Once purely an e-design startup, Havenly has gone on something of a buying spree in recent years, snapping up the industry’s distressed internet-first brands. Now, founder and CEO Lee Mayer is adding St. Frank to the mix.
The e-design platform has added another name to its roster of digital-first brands. BOH spoke to Havenly CEO Lee Mayer to get the story behind the deal.
Acquisitions have long been part of the fabric giant’s playbook, but this marks the first time Kravet has purchased a young indie fabric brand. Leaders at both brands explain why the move makes sense.
Subscription furniture enters the consolidation phase. Julian Buckner, founder and CEO of Los Angeles staging company Vesta explains his plan to capture a luxury consumer for life.