Restoration Hardware Holdings, Inc. Appoints Gary Friedman Chairman of the Board and Co-Chief Executive Officer

  Restoration Hardware Holdings, Inc. Appoints Gary Friedman Chairman of the
  Board and Co-Chief Executive Officer

                      Carlos Alberini to Serve as Co-CEO

                   RH Announces Plans to Develop RH Atelier

Business Wire

CORTE MADERA, Calif. -- July 3, 2013

RH (Restoration Hardware Holdings, Inc - NYSE: RH) today announced that Gary
Friedman, the Company’s Chairman Emeritus, Creator and Curator, has been
reappointed Co-Chief Executive Officer and Chairman of the Company’s Board of
Directors effective immediately. Mr. Friedman will return to his prior role at
the Company alongside Carlos Alberini, who has also been named Co-Chief
Executive Officer. Mr. Friedman and Mr. Alberini together will lead and
collaborate on all key strategic decisions impacting the Company.

In addition, the Company also announced that concurrent with Mr. Friedman’s
appointment, RH has acquired the exclusive right to develop Hierarchy. The new
concept will be rebranded as RH Atelier and will focus on the development of
luxury apparel, accessories, footwear, and jewelry, and be integrated and
launched on the RH platform.

Michael Chu, Former Chairman of RH commented, “Gary’s unique vision,
creativity and passion have been invaluable to the growth and transformation
of RH. Gary and Carlos are a tremendous team and together have made
significant contributions to the success of the Company. On behalf of our
Board of Directors, we are excited about the future growth and evolution of
the RH brand under their leadership."

Carlos Alberini, Co-Chief Executive Officer, stated, “During the last few
years, Gary and I have built an incredible partnership. Gary is a visionary
with amazing talents who has led the extraordinary transformation of RH into
one of the leading luxury brands in the market today. On behalf of our
leadership team, I am thrilled to welcome Gary back into this role and look
forward to the opportunity to continue this journey together.”

Gary Friedman, Chairman, Creator, Curator & Co-Chief Executive Officer,
commented, “I am honored to be rejoining Carlos, and the entire RH team in our
quest to create the most innovative and inspiring brand in the industry. This
team's ability to curate and integrate new products, businesses and
experiences, then scale them across our multi-channel platform has enabled us
to build one of the fastest growing brands in the marketplace.”

Regarding the launch of RH Atelier, Mr. Friedman stated, “RH Atelier will be a
curated, artisan crafted luxury apparel and accessories brand that will launch
with its own distinct catalog, and be integrated into the Company's next
generation Full line Design Galleries and Web experience. The brand will be
based in New York City, with a satellite office in our RH Center of Innovation
and Product Leadership in Corte Madera, CA." Mr. Friedman continued, "RH
Atelier will position the Company for continued long term growth, and
demonstrates our belief that we can curate a lifestyle well beyond the four
walls of the home."

Prior to his appointment to the role of Chairman Emeritus, Creator and
Curator, Mr. Friedman served as Chairman and Co-Chief Executive Officer of
Restoration Hardware from June 2010 to October 2012 and served as the
Company’s Chief Executive Officer since March 2001. Prior to joining the
Company, Mr. Friedman spent 13 years at Williams-Sonoma, Inc., where he served
as President and Chief Operating Officer from 2000 to 2001, as Chief
Merchandising Officer and President of Retail Stores from 1995 to 2000 and as
Executive Vice President of the Company and President of the Williams-Sonoma
and Pottery Barn brands from 1993 to 1995. Previously, Mr. Friedman spent 11
years with The Gap, Inc., a specialty retailer, in various leadership
positions.

Carlos Alberini was appointed Chief Executive Officer of RH in October 2012.
Prior to that, he served as Co-Chief Executive Officer upon joining the
Company in June 2010. Mr. Alberini has served as a Director of the Company
since June 2010. Prior to joining the Company, he was President and Chief
Operating Officer of Guess?, Inc., a publicly traded specialty retailer of
apparel and accessories, from December 2000 to June 2010. From October 1996 to
December 2000, Mr. Alberini served as Senior Vice President and Chief
Financial Officer of Footstar, Inc., a footwear retailer. From May 1995 to
October 1996, Mr. Alberini served as Vice President of Finance and Acting
Chief Financial Officer of the Melville Corporation, a retail holding
corporation. From 1987 to 1995 he was with The Bon Ton Stores, Inc., an
operator of department stores, in various capacities, including Vice
President, Corporate Controller and Senior Vice President, Chief Financial
Officer. Prior to that, Mr. Alberini served in various positions at
PriceWaterhouseCoopers LLP.

About Restoration Hardware Holdings, Inc.

RH (Restoration Hardware Holdings, Inc. - NYSE:RH) is a curator of design,
taste and style in the luxury lifestyle market. The Company offers collections
through its retail galleries, source books, and online at RH.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the
federal securities laws, including statements relating to the launch of RH
Atelier and the expected benefits of RH Atelier to the Company. You can
identify forward-looking statements by the fact that they do not relate
strictly to historical or current facts. These statements may include words
such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,”
“believe,” “may,” “will,” “should,” “likely” and other words and terms of
similar meaning in connection with any discussion of the timing or nature of
future operating or financial performance or other events. We cannot assure
you that future developments affecting us will be those that we have
anticipated. Important risks and uncertainties that could cause actual results
to differ materially from our expectations include, among others, recent
changes in general economic conditions and the impact on consumer confidence
and consumer spending, changes in customer demand for our products, our
ability to anticipate consumer preferences and buying trends, risks related to
the number of new business initiatives we are undertaking, risks in the
implementation or our real estate portfolio transformation, delays in store
openings, as well as those risks and uncertainties disclosed under the
sections entitled “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” in our Form 10-K filed with the
Securities and Exchange Commission on April 29, 2013 and available on our
investor relations website at ir.restorationhardware.com and on the SEC
website at www.sec.gov. Any forward-looking statement made by us in this press
release speaks only as of the date on which we make it. We undertake no
obligation to publicly update any forward-looking statement, whether as a
result of new information, future developments or otherwise, except as may be
required by any applicable securities laws.

Contact:

Restoration Hardware Holdings, Inc.
Cammeron McLaughlin, 415-945-4998
cmclaughlin@restorationhardware.com