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Williams-Sonoma Inc.

  • West Elm to open in Washington, D.C.

    New  York -- West Elm, a division of Williams-Sonoma, will open a store in Washington, D.C. on Thursday, Oct. 23rd. Located in Logan Circle, the more than 14,500-sq.-ft. store will feature a curated selection of products made by artists located in the D.C. area through West Elm’s Local initiative, which taps into local entrepreneurship.   
  • Williams-Sonoma loses steam in second quarter

    Williams-Sonoma’s second quarter results may have met Wall Street expectations, but shares dropped nearly 12% as a result of the company’s weak guidance for the third quarter of fiscal 2014 — which will include earnings from most of the back-to-school season.

    For the quarter, the company posted net revenues of $1.04 billion, an almost 6% increase from $982 million a year ago. Total same-store sales increased 5.7%. Direct-to-customer revenues climbed 9.4%.

  • Williams-Sonoma meets Q3 expectations; issues weak outlook

    San Francisco – Williams-Sonoma Inc. reported that its third quarter income rose 4% to $50.7 million from $48.9 million in the year-ago period, in line with forecasts. But the retailer issued a disappointing outlook for the current quarter.

    Second quarter net revenues grew 6% to $1.04 billion, from $982 million in the year-ago period.

    Total same-store sales increased 5.7%. Direct-to-customer revenues grew 9.4%.

  • West Elm to launch small business grant contest

    Home furnishings retailer West Elm, the fast-growing division of Williams-Sonoma with 58 stores and counting, plans to launch a contest called “We Love Local Small Business Grant.”

    Designed to support U.S.-based artists, makers and designers as they grow and scale their businesses, the small business grant contest will this week with open online submissions.

  • Williams-Sonoma shuffles leadership

    San Francisco – Williams-Sonoma Inc. has shuffled the positions of several top executives. Chief strategy and supply chain officer Dean Miller has been named COO, and chief marketing officer Pat Connolly will assume the position of chief strategy and business development officer.

  • Williams-Sonoma taps Children’s Place exec as senior VP global

    San Francisco -- Williams-Sonoma announced the hiring of Ronald R. Young as senior VP global. Young will grow the portfolio of Williams-Sonoma brands outside the United States.

  • Williams-Sonoma taps Children’s Place exec as SVP, global

    Williams-Sonoma has appointed Ronald R. Young SVP, global, as part of its strategy to grow the brand outside the United States.

    “Global expansion is one of our most important initiatives, and I’m pleased to have Ron Young, with his more than 30 years of experience in global markets, leading our continued growth,” said president and CEO Laura Alber. “Ron’s deep understanding of the global retail landscape, and his financial discipline are the ideal combination of skills and experience to lead our global strategy.”

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