Online retail has surged since the pandemic broke out last March, and the global online furniture market is projected to grow to $84.2 billion as customers continue rethinking their living spaces while working from home. Design marketplaces like Chairish are poised for even further growth—the virtual purveyor of high-end vintage furnishings recently announced it would acquire like-minded European marketplace Pamono, bringing an inventory of more than 250,000 vintage and antique furnishings and art sourced from 2,000 professional galleries to Chairish’s already massive inventory of 580,000 products from 10,000 sellers.
Terms of the deal haven’t yet been disclosed, but Chairish co-founder Gregg Brockway says that more insight into business integrations will be announced in the coming months. “Pamono brings into the marketplace a lot of inventory to help round out the Chairish offering,” Brockway said in a recent interview. ”It’s very complementary to what we have on the site, which is part of why we’re excited. What we’ve come to appreciate is that we share a vision for how this is becoming a global market.” In terms of what’s next, Brockway says “we’re going to evolve by listening to the community,” and cites Pamono’s grasp on worldwide shipping as a potential perk.
