Herman Miller Goes Shopping: Buys Design Within Reach

The new Design Within Reach store in Manhattan (photo: Michael Biondo)

The new Design Within Reach store in Manhattan (photo: Michael Biondo)

Two of the biggest names in American design are joining forces. Famed furniture manufacturer Herman Miller has bought a controlling stake in Design Within Reach (DWR), the modern furniture retailer. According to a release, Herman Miller has purchased an 84┬ápercent┬ástake in DWR for a price of $154 million. DWR’s CEO John Edelman and president John McPhee will continue to lead the retailer, which currently has 38 locations in North America, as well as e-commerce and the popular catalogue. DWR has recently been upgrading their stores and refocusing on architects and interior designers as well as consumers. A new Manhattan flagship store opened this spring.

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