Arhaus, Inc (ARHS) Files for up to $100M IPO

October 4, 2021 4:40 PM EDT

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Arhaus, Inc (NASDAQ: ARHS) files for up to $100,000,000 IPO.

The company describes itself as: "Arhaus is a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings. We offer a differentiated direct-to-consumer approach to furniture and d├ęcor, through which we sell artisan-quality products that embody our emphasis on livable luxury. Our products, designed to be used and enjoyed throughout the home, are sourced directly from factories and suppliers with no wholesale or dealer markup, allowing us to offer an exclusive assortment with an attractive value. We are a national omni-channel retailer with 75 Showrooms, including three Outlet stores, across 27 states and compete in the attractive premium home furnishings market, which we believe is the portion of the market with higher than industry average merchandise price points and quality."

BofA Securities and Jefferies will serve as lead underwriters.

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