Coco Republic

Coco Republic is an Australian furniture retail chain. The company is involved in the retail selling of furniture and homewares, providing interior design and property styling services and the management of a design school. The company also owns and co-operates three hospitality venues under the L'Americano Espresso Bar name.

History
Coco Republic was founded in 1979 by Paul Spon-Smith as Mr. Smith’s Interiors.

In 2019, Coco Republic entered the US market through Californian retailer HD Buttercup. The company expanded to New Zealand in August 2019, opening its first store at Westfield Newmarket.

In October 2021, private equity firm Story3 Capital Partners acquired a majority stake in the company.

Coco Republic opened their first store in the US in October 2022. In May 2023, seven months after its opening, the company announced it would close its Union Square flagship location due to lack of foot traffic and unsafe conditions in the area. In July 2023, Coco Republic launched their US online store.

Locations
Coco Republic has 15 showrooms in Australia and New Zealand. They are located at Sydney, Melbourne, Brisbane, Gold Coast, Canberra, Perth, and Auckland.

In the US, the company has showrooms in Los Angeles and Orange County.

Financials
In FY19, the company recorded sales of $96,572,629, up 17% from $82,559,248 in FY18 and a 69% improvement in operating income.

Awards
The Auckland showroom opened in August 2019 won Supreme Winner, Big Box Group Winner and GDM Craftsmanship Excellence Award at the New Zealand Red Awards for commercial design.

Partnerships
The Belle Coco Republic Interior Design Awards, an annual award platform in the Australian interior design community, entered its 10th year in 2020.