Connect with us

Dallas, TX

Dallas Home Decor Brand The Citizenry Acquired by Havenly

Published

on

Dallas Home Decor Brand The Citizenry Acquired by Havenly


The Citizenry, a Dallas-based direct-to-consumer home decor brand that partners with artisans around the world, has been acquired by Havenly, a Denver-based interior design service and home furnishings company.

The acquisition will allow the socially motivated home decor company to continue to scale the availability of its sustainable artisanal furniture and goods, further multiplying its impact, Citizenry said. Terms of the deal were not disclosed.

Advertisement

“We set out to prove retail can be a force for good. Not only does the Havenly team appreciate our values, they have fallen in love with our unique design aesthetic, product line, and most importantly, our commitment to fair trade,” Rachel Bentley, co-founder of The Citizenry, said in a statement. “They’re the right partner to lead our next chapter of growth. We worked with almost 3,000 artisans last year, and with this step—that just feels like the beginning.”

Havenly said it anticipates retaining much of The Citizenry team, including Bentley, who will serve as president of The Citizenry, and Co-Founder Carly Nance, who will transition to serve as an executive brand advisor.

The Citizenry co-founders Rachel Bentley (left) and Carly Nance [Photo: The Citizenry]

Focused on fair trade—and poised for growth

The Citizenry joins Havenly as part of its ongoing efforts to build a collection of home brands and technologies that appeal to the next generation of shoppers, the companies said.

The deal will allow Havenly to expand its fair-trade initiations with The Citizenry and across other areas of the business.

Advertisement
The Citizenry

The Citizenry co-founder Rachel Bentley visits with an artisan in Morocco, from our 2016 profile of the company. [Photo: The Citizenry]

Since its founding in 2014, The Citizenry has expanded its offerings to cover the whole home, while supporting the work of thousands of artisans around the globe at pay rates that average twice the fair trade requirement.

From its beginnings, The Citizenry said it set out to build a design-forward company that celebrates the people behind its products and sets new standards in social responsibility for the industry. The Citizenry adopts a fair trade business model, and its following has grown the company into the largest U.S. home decor company to have 100% of its products sourced according to the rigorous standards set by the World Fair Trade Organization.

In 2021, The Citizen raised $20 million in Series B Funding from San Francisco-based NextWorld Evergreen, a growth equity firm with a focus on conscious consumer brands. And just last September, The Citizenry launched a new brand campaign, “Uncontained,” to highlight a deep lineup of new brands hitting shelves at nearly 100 Container Store locations nationwide.   

Rolling out its collections across Havenly’s platforms

The Citizenry said that with the acquisition, it will roll out its iconic collections to audiences across the Havenly platforms, expand its retail footprint, and scale its global network of artisans and heritage manufacturers to new levels.

Advertisement

“We’ve always said that our business marries old-world values with new-world market strategies,” Carly Nance, co-founder of The Citizenry, said in a statement. “We’ve grown to where we are today by being customer-centric and digitally-driven. This partnership provides even more strategic firepower in those arenas. The Havenly team is passionate about the same things we are—building potent, meaningful brands designed to stand the test of time.”

Mercado storage baskets from The Citizenry. [Photo: The Citizenry]

Havenly’s third acquisition in 36 months

This is Havenly’s third acquisition in 36 months, with past acquisitions including Interior Define and The Inside. Havenly said the deal cements it as the largest digital-first, DTC platform in the home decor market with a strong strategy for sustainable growth.

“As a personal customer of The Citizenry, I’m thrilled to bring the brand into the Havenly family,” Lee Mayer, co-founder and CEO of Havenly, said in a statement. “Rachel and Carly’s unrivaled commitment to sustainability, social impact, and support of artisans combined with premium quality and exquisite design is truly something revolutionary in the space, and a big reason why The Citizenry has long been a favorite among our customers. We’re excited to build on the work they’ve done to promote more sustainable values and help usher in the next era of great home brands for the modern consumers.”

Organic Turkish cotton duvet from The Citizenry. [Photo: The Citizenry]

Advertisement

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

R E A D   N E X T

  • North Texas has plenty to see, hear, and watch. Here are our editors’ picks. Plus, you’ll find more selections to “save the date.”

  • Peruse Dallas Innovates’ special once-a-year magazines. Each edition is a keeper.

  • Dallas Innovates, the Dallas Regional Chamber, and Dallas AI are teaming up to launch the new AI 75 program at Capital Factory’s Future of AI Salon today. The first-ever list will recognize Dallas-Fort Worth innovators in artificial intelligence. Nominations are open through March 11.

  • You’ll find deadlines coming up for a new accelerator program; and many more opportunities.

  • Usually they race for the end zone, but Wednesday some of the Dallas Cowboys’ top players swung for the fences at the Reliant Home Run Derby in Frisco. And whether they got dingers or popups, it was all for a good cause. Find out which Cowboy won for the second straight year—as two all-new ‘Pokes players joined in the fun.



Source link

Dallas, TX

Construction underway on Harold Simmons Park’s first attraction

Published

on

Construction underway on Harold Simmons Park’s first attraction


If you’ve driven along Commerce Street just west of downtown Dallas, you’ve likely noticed construction activity across the Trinity River.

The work marks the beginning of Harold Simmons Park — a $350 million project aimed at transforming the Trinity River corridor into a major recreational destination in North Texas.

The park’s first major feature, known as the “Play Cove,” is already taking shape, though much of it is being built overseas.

Tony Moore, CEO of the Trinity Park Conservancy, said the Play Cove will include six massive, two-story towers connected by suspension bridges, creating an immersive play space for visitors. While the site in Dallas is still in early stages, those towers are currently under construction in Germany, where designers were selected for their engineering expertise and craftsmanship.

Advertisement

“They’re about two stories high, connected by bridges, so you can walk from tower to tower,” Moore said. “We wanted the very best.”

Once completed, the towers will be shipped to Dallas and installed as the centerpiece of the park’s first phase.

The broader vision for Harold Simmons Park also includes a significant investment in green space. Nearly 2,000 mature trees will be added to the site, with many already selected and waiting in nurseries until construction progresses. Existing trees will also be preserved and protected.

Project leaders said the goal is to open part of the park as soon as possible, giving residents access while construction continues on future phases.

After years of planning, Moore said seeing work finally begin is a milestone moment for Dallas.

Advertisement

“This has been a long time coming,” he said. “Dallas has been waiting for this.”

If construction stays on schedule, the first phase, including the Play Cove, is expected to open by the end of 2028.



Source link

Advertisement
Continue Reading

Dallas, TX

The best day to list your home in Dallas-Fort Worth is less than a month away

Published

on

The best day to list your home in Dallas-Fort Worth is less than a month away


The best day for homeowners to list their house for sale in the Dallas-Fort Worth area is April 12, according to a new Realtor.com study.

In the early to mid-spring there is a golden window in the home market when buyers are returning to the market, said Hannah Jones, a senior economic research analyst at Realtor.com.

Realtor.com placed the week of April 12-18 as the best days to list a home across the United States. Ideal time blocks to list a home range from March 8 to May 24 for the 50 largest metros in the country — but Dallas is near the national average, the firm notes.

“Sellers who are able to catch that early swing of buyers can expect to see a lot more demand for their home, versus later in the summer, when schools are out and there are more people in the market,” Jones said.

Advertisement

D-FW Real Estate News

Get the latest real estate news you need to know.

By signing up, you agree to our Terms of Service and Privacy Policy.

As a result, “there are more homes in the market and so you might have less demand for your home.”

Dallas-Fort Worth-Arlington homes listed on April 12 are expected to be on the market nine fewer days compared to the average week, according to the study. Additionally, views per property are anticipated to be up 23.5% and active listings are expected to be down 14.6% versus the average week.

Advertisement

A separate Zillow study said sellers in Dallas saw the strongest returns by listing in the last two weeks in April. The analysis found that time frame would deliver a price boost of about $5,700.

“Dallas is such a large and varied market of course,” Jones said. “So when you’re looking at that metro level it really does align with the national data because of how big it is and how those dynamics work out.”

That stretch of April still means higher prices, Jones said. D-FW homes listed during that time period are expected to have a listing price increase of about $24,000 versus the start of the year, according to the study.

However, the benefit of listing a home in D-FW in the time frame that Realtor.com is recommending is less stark compared to other metro areas.

The list pricing compared to the start of the year only expected to be up 5.8%, compared to other metro areas which have anticipated listing price changes as high as 15.8%. Dallas is a very stable market with fewer big swings and stronger demand than other metros, Jones said.

Advertisement

Getting a head start is key

Most people start getting ready to put their homes on the market before they actually list their home. The quality of homes has increased and in order to be competitive a seller really needs to get their home ready, said Jim Fite, CEO of Century 21 Judge Fite Company.

“They need to stage it properly, they need to get the repairs done in advance so that when it hits the market, that group of people that haven’t bought yet see it immediately and will be attracted to it,” Fite said.

If a seller hasn’t gotten their home ready to sell it will probably stay on the market regardless of when it is listed, he said.

The spring and summer is the home selling season, Fite said. More homes sell in the next five months than the following seven months, he said.

There are a number of reasons for that. School is getting out and people want to make a move before the start of the next school year, Fite said. People are also downsizing, possibly because kids are going off to college.

Advertisement

Because of that timeline, it’s good to start looking for a home in April, Fite said.

“If you bought a home in April, it’s not going to close until May,” Fite said. “So that means you’re not going to move in till the first of June, maybe. And then you have a couple of months to get settled before school starts.”



Source link

Continue Reading

Dallas, TX

Golden Knights edge Dallas 3-2 on late goal, deny Stars’ bid to clinch a playoff berth

Published

on

Golden Knights edge Dallas 3-2 on late goal, deny Stars’ bid to clinch a playoff berth



Reilly Smith scored the tiebreaking goal with 3:38 left in the third period and the Vegas Golden Knights beat Dallas 3-2 on Sunday night, denying the Stars’ bid to clinch a playoff berth.

Vegas’ Mitch Marner skated into the high slot and his shot ricocheted off two Dallas players and landed near Smith, who scored from close range past a defenseless Casey DeSmith. The deciding goal came after the teams played more than seven minutes without a whistle.

Brayden McNabb and Ivan Barbashev also scored for Vegas, which snapped a three-game skid and won for just the third time in nine games. Adin Hill made 13 saves for the Golden Knights, who outshot Dallas 33-15.

Advertisement

Dallas’ Wyatt Johnston set a franchise single-season record with his NHL-leading 23rd power-play goal. Johnston held the mark for the most in a season since the Stars moved to Dallas in 1993-94. His latest moved him past Dino Ciccarelli (1986-87) for the most for the Minnesota-Dallas franchise.

Justin Hryckowian also scored for Dallas (43-16-11), which is five points behind Western Division-leading Colorado (102). The Avalanche lead the NHL and Western Conference with a record of 46-13-10. DeSmith stopped 30 shots as the Stars lost for the third time in four games. Sam Steel had two assists.

McNabb opened the scoring at the 4:01 mark of the first period, carrying the puck out of his own zone, splitting two defenders and beating DeSmith low to the glove side.

Johnston scored his 38th of the season on a power play at 10:55 of the second, and Hryckowian put the Stars ahead with his 11th of the season at 16:48.

Barbashev tied the game at 2, scoring on a power play at 16:48 of the second after Nils Lundkvist was sent off for slashing. Barbashev took a feed from Brett Howden and scored from a tough angle near the side of the net.

Advertisement

Golden Knights: At the Winnipeg Jets on Tuesday.

Stars: Host the New Jersey Devils on Tuesday.



Source link

Continue Reading

Trending