Out & About
EXPOSED: Restoration Hardware
Last night, celebrities, socialites, stylists and designers came together to celebrate the launch of Restoration Hardware’s Spring 2012 Collection. Co-hosts Malin Akerman, Elizabeth Banks, Abbie Cornish and Milla Jovovich mingled with guests who sipped on refreshing bellinis (I had at least 3) and caught up with Chairman and Co-CEO Gary Friedman. Additional guests included WhoWhatWear Co-Founders Hillary Kerr and Katherine Power, Keisha Whitaker, Autumn Reeser, and more. New York singer/songwriter due The Pierces performed to an enthusiastic and influential crowd. The private event benefited The Prints and Drawing Council (PDC) of the Los Angeles County Museum of Art (LACMA).
Restoration Hardware Chairman Quits Firm before IPO Due to a relationship with an Employee
Restoration Hardware Chairman and Co-Chief Executive Gary Friedman is stepping down from his post following an internal inquiry of a relationship with a 26-year-old employee, New York Times Dealbook writer Andrew Ross Sorkin reports.
The relationship came to light earlier this month, in a very soap opera-worthy way: An ex-boyfriend of the employee (who is no longer with the company) told the board of Restoration Hardware. After an internal investigation, the board confronted Friedman, who asserted that the relationship was consensual. Friedman, who is divorced, is still involved with the former employee. (Now that’s devotion.)