Chairish introduces European inventory to the US market
SAN FRANCISCO – The premium and vintage home furniture online marketplace Chairish is adding some 200,000 European items to complete its 650,000 household pieces.
This international expansion follows two years of growth for the San Francisco-based company and builds on its acquisition in 2021 of Pamono, Europe’s leading luxury vintage market.
“Chairish connects high-end sellers and affluent design enthusiasts with the most comprehensive and chic selection of home furnishings available in the world,” said Gregg Brockway, Co-Founder and CEO of Chairish. “Enabling Chairish to showcase Europe’s best sellers is an important step in our quest to be the global design community’s source for the world’s best design objects. “
Chairish saw 39% year-over-year revenue growth in 2020, and with the addition of Pamono, 54% year-over-year revenue growth in 2021. Officials believe that momentum will continue in 2022, the category of resale furniture is expected to increase by 54%. over the next five years, 3.5 times faster than traditional retail.
In 2021, Chairish began offsetting 100% of its estimated carbon emissions from global shipping and released its first-ever Home Furniture Resale report on the state of re-commerce in the home furnishings industry. . The report, released in September 2021, details the growing popularity of re-commerce, which buyers increasingly appreciate for its more sustainable approach to interior design, and describes the online growth of the furniture industry in his outfit.
“Chairish is well positioned at the intersection of e-commerce and re-commerce, two seismic upheavals that are shaking the home furnishings industry,” said Brockway. “We have benefited from the boom in online shopping and the growing demand for vintage items, due to the slow supply chain for new products and the growing consumer interest in sustainability.”
Other 2021 highlights include Chairish’s first-ever TV ad campaign, the launch of Chairish Magazine, the first annual sitewide sale “Chairish The Days”, the introduction of the “Buy Now Pay Later” program from Chairish with Afterpay and the launch of Chairish’s Android Application.