Rain Room to be Presented at The Museum of Modern Art During EXPO 1: New
RH Contemporary Art to Launch First Commercial Art Gallery and Dynamic
Online Platform in Fall 2013
CORTE MADERA, Calif.--(BUSINESS WIRE)--May. 9, 2013--
RH (Restoration Hardware Holdings, Inc.) (NYSE:RH) announced today the
launch of RH Contemporary Art, a unique, multi-channel platform designed
to raise the visibility of international artists to collectors and
viewers. RH Contemporary Art acquired the first edition of Rain Room by
rAndom International and will loan the artwork to The Museum of Modern
Art for EXPO 1: New York from mid-May through July 2013 to mark the U.S.
premiere of the large-scale environment of falling water that allows
visitors to control the rain. RH Contemporary Art will debut a
commercial art gallery at 437 W 16th Street in New York City, a dynamic
online platform with works for sale, and an art journal written by a
roster of acclaimed curators, academics and art world leaders in Fall
Gary Friedman, Chairman Emeritus, Creator and Curator of RH commented,
"We are honored that MoMA has chosen to exhibit Rain Room as part of
EXPO 1: New York, and thrilled that this inspiring work imagined and
created by rAndom International will be shared with the world." Mr.
Friedman continued, "For all of us at RH, and RH Contemporary Art, this
work has special meaning. It is a reflection of creative courage, trust
and a belief that all of us have the ability to affect any environment
we choose to step into."
RH Contemporary Art’s project-based exhibition space and commercial
art gallery's inaugural exhibition of Autonomy*, by rAndom
International, will be the first comprehensive overview of the
London-based studio's research and work to be shown in the United
States. Building on the successful Before The Rain showing at Carpenters
Workshop Gallery in Paris, France, in 2012, the exhibition will provide
context and background for the monumental premiere of Rain Room (2012)
on display at The Museum of Modern Art in New York.
Autonomy* will survey the response of the viewer and its fundamental
influence and impact on a studio’s practice. Performance and
collaboration with choreographer Wayne McGregor and composer Max Richter
are investigated in Future Self (2012), and the studio's analogue
explorations in temporary self-image are shown with Study For A
Mirror (2009) and Self Portrait (2010). Both Audience (2008)
and Fly (2011) provide differing perspectives on simulation, motion and
emotion. Cognition and the experience of the body in space are explored
in Study Of You (2011).
Enlisting a worldwide curatorial team to discover international artists,
RH Contemporary Art will directly commission bodies of work, as well as
debut a dynamic online platform with videos of studio visits, including
in-depth interviews and critical writing, to raise the visibility and
build recognition for each artist and their practice.
For additional information on RH Contemporary Art, please visit www.rhcontemporaryart.com.
About Restoration Hardware
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.
This release contains forward-looking statements within the meaning of
the federal securities laws, including statements related to RH
Contemporary Art. 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 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, risks and uncertainties with respect to the company’s
ability to achieve the expected benefits to its business from RH
Contemporary Art, the new store format, risks relating to customer
response to the company’s new store concepts and new product
merchandise, risks relating to the costs of developing, implementing and
operating new store concepts, risks related to the number of new
business initiatives we are undertaking and risks in the implementation
of our real estate portfolio transformation, 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 Restoration Hardware Holdings’ Annual Report on 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.
Source: Restoration Hardware Holdings, Inc.
Sarah Natkins, 646-213-7481