Facts!

Or you live in Europe, Asia, Africa, South America among other 6,5 billion people, who don’t know it and don’t give it a tos...

True because Europe has better luxury retailers already, this is the first time I've ever heard of RH

@@bluegas well you’re right lol! I live in Europe and Asia like I study in a country and live (holiday) in another one

I think I fall into the demographic - except I’m only 23, though I wasn’t hugely impressed with their Cherry Creek location. It’s a beautifully done, massive shop. There were certainly some nice decor items and I was definitely a fan of some of the furniture. If I were buying completely based on how the store looked, they’d have my business immediately. I simply didn’t think the store was enough to get me to justify $200 per throw pillow which is all I went in for. The Internet is just too easy to find similar quality at 1/5th the price. If I had more money than I knew what to do with, I could see furnishing a house with their membership program - otherwise it’s not for me.

That's basically what the Wedbush guy said, in an uncomfortable, awkward manner.

Except you don't actually say that unless you're trying to brand yourself.

@@chrislim7976 d

@@companyinsight d

@@chrislim7976 no absolute truth when you’re trying to break yesterdays ideals of perfection

Thank you 😭 I was waiting for a comment with a summary lol

sounds like all of youtube....

Cnbc is just to channel to pump the interest of others

one among many on CNBC

thanks

I’m sure you’ve heard of Ferrari, Rolex, and Louis Vuitton. Luxury brands need not be obscure brands.

🔥

Whew!! Probably millions but it’s smart because now the masses are going to know who they are because of this video. Don’t be surprised is the stock soars, or if they become the next Hermès and start designing bags and clothes.

What's with this same type of comment on every CNBC video?

I was in love with the since I was 5 years old for the exact feeling of strange nostalgia

😆

Ask them

Their the company that’s infamous for their cloud couch all the celebrities have

Don’t buy from there, everything is overpriced garbage. The one near me was selling a beat up couch for like 6 thousand dollars.

Same. I was like "Who?"

well, I'm from South East Asia - never been to America but I'm 100% aware of this brand. They're selling aspiration

Same here. I don't think RH is as popular as many others.

Tyler Durden's friend

I love Ikea wdym

lol I’m moving out of my parents house next year and I’ve been looking at ikea for my furniture

@@piedrabuena59 EXACTLY same here

Ikea's expensive

Exactly！

You saw them mention Warren Buffett. He's a well known investment shark. Never works a day in his life, just moves his money pile around collecting more & more interest

@@noneshere lol, what do you mean ‘never works a day?’ Warren buffet definitely does work, even if it involves overseeing reports of his companies investments, that’s work (mental work). How tf do you even think he was able to build his wealth?

@@noneshere I don't know what "work" you mean? Do you mean farming with a hoe or moving bricks? Most people do meaningless jobs throughout their lives. Their goal is to keep this job until death. This is a force that solidifies the class and stops the progress of technology. There is also a small group of people doing meaningful work. Their goal is to let more people lose their current job, to allow classes to flow, and to liberate humanity. They once let half of the population lose their jobs as "farmers", and now they want to let tens of millions of people lose their jobs as "drivers", and they also want to let tens of millions of workers lose their jobs in digging for oil and repeatedly manufacturing the same thing. Automation and intelligence will continue to make more people lose those meaningless jobs. This small group of people includes scientists, entrepreneurs and capitalists. In fact, these people who have never "worked" are bringing meaning to this society and the world. A scientist’s discovery is more meaningful than the daydreams of ten million people. The creation of an entrepreneur is more meaningful than ten million numb people, and the liquidity that a capitalist brings to society is more meaningful than ten million consumers who buy MAGA hats. Musk has never digged for oil, but his contribution to energy and the environment is definitely more than any other digging for oil. Buffett did a lot of work when he was young, selling newspapers. His "work" time must not be as much as you, but the money you donated must not be as much as him. I like Lone's words very much, the only reason for the gap between rich and poor is thinking. I didn't quite understand this sentence. I was only when those who were afraid of losing their oil job for 40 years scolded Musk, saying that he was consolidating the class and widening the gap between rich and poor, and was unwilling to quit his job to learn new things and join new energy. understood. A group of people who solidify society are scolding innovators and scientific researchers and making them responsible? This year is a wonderful year. Like many people, I lost my job. Losing that job which creates no meaning. It does not contribute to social development. I will not be praised by posterity. I will be numb after I leave. The most meaningless job that will be a fool replaces next day. Following this is a new round of technological explosions, from online sales, cloud, genes, trams, autonomous driving, AI, 3D printing, and many other technologies that have emerged overnight. These are all related to the "harm" caused by the epidemic. The oil plunge has made the world more electrified, stores closed to make sales networked, people’s distance needs have made the world clouded faster, and viruses have made gene editing more important........ God used the Black Death to end the stupid Dark Middle Ages, and now the new crown virus ended the modern Middle Ages. I am grateful for living in this age...

@@yekeryeker4166 long speech you got there

That’s all that CNBC does. It’s ridiculous to ask why a stock is going up, everyone knows how supply and demand works. The difference between actual products and services however, is that supply and demand on the stock market is based on collective will, brought about by talking heads, insider trading, collusion and marketing B.S. This is why China will overtake America, they provide the world with real productive outputs.

They doing a video on a company. Stop thinking everything is an ad.

Just within the last month, CNBC has done video exposes on Roblox, Caterpillar, and Tesla. Were those also advertisement videos?

@@RandomUser20130101 Not really. Because have heard of those brands (with the expectation maybe being Caterpillar). What he’s saying that if a large channel shows the best parts of a new company during a review, it’s almost like an ad. It gives me exposure to new potentially customers who never heard of it like me.

@@emperorza5777 RH is not a new company. There were founded in 1979.

where are you from? i never heard of it and there is actually one in new york city lol i don't know how you came upon it.....seem like something for rich people lol

It's all made in china. So The best high quality luxury furniture is china made

4K for a rug

Didn't you listen? "Luxury brand", not "quality brand"

ppl have been complaining about it for years, and with ppl going smaller with their living spaces (by necessity or choice) there were all sorts of articles also talking about how the scale of the furniture was incompatible with many ppl's lifestyles... surprised they managed to find a persistent niche, though.

what did you buy it at!? 😮

or don't have a nicer mall nearby, in the suburbs.

Their price is just, the quality and craftsmanship to attention to detail is very nice. Their furniture pieces can last you decades and passing after generations. Also designing furniture is really hard.

I thought they were too

@@enzoenzo7895 they don't really do their own designs though, or at least they didn't.

except its not a hardware store

@Lucia Lorenzo You're absolutely right waiting for the government to provide is a big waste of time 🤲🤝

To be honest, my broker does the job,I just sit back throw the money in and earn at my comfort 💰

Bitcoin is the future 🛰️🚀

@Andrew Phillip Okay, you can go email him at and tell him i referred you for quick response.

His strategy trades EUR/USD is quite impressive and his currency pairs,ETF'S are 100% beneficial, with his help I made $4,580 on my last trade session. Never met a better mentor and philanthropist.

H&M has no furniture or lights besides few items on few key markets.. they mostly sell decorations and throw pillows

@@leoprg5330 I guess but there’s just so many places selling the same stuff they are. But I guess it’s all in one place which is convenient

RH is leagues above Pottery Barn. RH is the place to go if you want to drop $10K, $15K on one couch or 1000+ on dining sets. They have lower prices items too, but nothing is cheap.

Ok

Invest in bitcoin, gold, silver, the forex market, buy stock, anything!

@@BenSmith-ys5sq honestly. I tell this to my friends everyday. it's good to save money but you gotta have that investing spirit if you really want financial freedom.

@@BenSmith-ys5sq I totally agree with you

@@BenSmith-ys5sq but what if you dont know how to trade any of these? I mean, I see your point. Some people have the money and are willing to invest. But the problem is where to

I’ll invest when the Wilshire 5000 to GDP isn’t almost 200%. Stocks and almost everything are overvalued because of 0% interest. I’ll have to start when rates rise.

Consistent with french prononciation given that it's a french company. Last consonant is almost always silent and words that start with h also silence the h pronunciation (e.g. Hiver, haricot, heure).

Yes.. was thinking the same. It is pointless here in EU. I mean.. we have the best design brands, this looks like a joke.

The majority of people who buy this furniture can’t even afford it, they get payment plans for there furniture

@@abhim9221 How do you know that? Do you have some stats? Or just saying it without any basis?

@@mack0ka Everybody knows most Americans live above their means and have no finically literacy, it was just an assumption

The middle class may be shrinking but this doesn’t seem to target the middle class. For brands it’s now all about upper class or working class. High end & luxury brands don’t really depend on volume like the mass market, but can just hike prices. Along the same lines as the CEO’s quote

@@Maverickgouda I disagree. Tiffany, a luxury brand, is struggling because the middle class is shrinking, regardless of who the brand is targeting. Same for Saks Fifth Avenue, Neiman Marcus, Bloomingdale's, Ralph Lauren. They have flagship stores that have closed down because they just couldn't afford to pay the bills on just the business of the rich. In the end, no luxury business is immune.