Chairish Inc, which operates home furnishings marketplaces Chairish and DECASO, announced today they have acquired Dering Hall, the New York-based online discovery platform for contemporary furniture brands and interior designs.
With this acquisition Chairish Inc will become the largest online platform for high-end home furnishings in the United States.
Furniture Fastest Growing eCommerce Category
According to a 2018 eMarketer report, furniture is the fastest growing eCommerce category in the US as consumers warm up to purchasing furniture online.
Until now, the premium and luxury home market has been highly fragmented online, making discovery and buying a challenge for designers and shoppers alike.
The acquisition of Dering Hall augments Chairish Inc. by adding newly made items from manufacturers and contemporary makers to their offering.
Together the three brands comprising the Chairish Inc. portfolio will account for:
- 450,000 exceptional vintage, antique, contemporary and made-to-order products.
- A growing monthly audience of over 2.5 Million affluent and sophisticated design aficionados.
- A community of + 20,000 verified design professionals, the furnishings industry’s most valuable buyers Combined executive team comprised of veteran technology, home, fashion and editorial industry leaders.
- A shared vision to bring the very best of design online in a way that fosters the health and growth of the design industry.
“We’re pleased to welcome Dering Hall into the Chairish Inc. family. We’re now ideally positioned to offer a comprehensive shopping destination for high-end home design, including the finest antique, vintage, newly made and custom items.”
Gregg Brockway, ceo and co-founder of Chairish Inc.
Dering Hall will continue to operate as a standalone site. However, the company plans to release more information over the next few months about tighter cross-platform integrations and new services for sellers, designers, brands, and shoppers.
If you are in the home furnishings business, what is your thought about this acquisition? Please use the comments section below or head over to our Facebook Group for Small Business Sellers and interact with other small business owners.