September 26, 2016 8:20 PM ET

Specialty Retail

Company Overview of Design Within Reach, Inc.

Company Overview

Design Within Reach, Inc. markets and sells furniture and accessories for residential and trade customers through its retail stores in the United States and Canada. It offers living room furniture that comprise sofas, lounge chairs and recliners, ottomans/benches/stools, accents/coffee tables, floor lamps, storage/shelving products, rugs, accessories, and customizable furniture; and dining room furniture, including entertaining products, tables, chairs and stools, storage products and credenzas, tabletops, lighting products, and rugs. The company also offers bedroom furniture, such as beds, mattresses, bedding, dressers and armoires, bedside tables, and accessories; outdoor furniture compris...

711 Canal Street

3rd Floor

Stamford, CT 06902

United States

Founded in 1998

423 Employees

Phone:

203-614-0600

Fax:

203-614-0845

Key Executives for Design Within Reach, Inc.

Chief Executive Officer and Director
Age: 49
President
Age: 53
Chief Financial Officer
Chief Information Officer
Age: 67
Chief Human Resources Officer
Compensation as of Fiscal Year 2016.

Design Within Reach, Inc. Key Developments

Elite Leather Co. Files Suit Against Design Within Reach Inc

Elite Leather Co. announced that it has filed suit against retailer Design Within Reach Inc. alleging breach of contract. Elite Leather filed a complaint on August 14 in U.S. District Court for the Central District of California against Design Within Reach Inc., alleging that the retailer breached the implied covenant of good faith and fair dealing. According to the complaint Elite Leather started manufacturing furniture for the defendant in 2013, but when consumer complaints surfaced regarding slats for a bed product, Elite allegedly fixed the issue by implementing retrofits. However, in the complaint Elite claimed the retailer refused to pay the pre-approved and agreed upon costs of labor and materials that totaled $25,000, but instead allegedly threatened to sue Elite for $1,000,000 for defective products. Elite announced it does not owe the defendant money for alleged return rights and the complaint holds Design Within Reach responsible for the retrofit costs.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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