
CB2 is owned by Crate and Barrel Holdings, the US home furnishings group behind Crate & Barrel, Crate&kids, and Hudson Grace. Crate and Barrel Holdings is in turn owned by the Otto Group, a family-controlled retail and services conglomerate headquartered in Hamburg, Germany. CB2 was launched in 2000 and operates roughly two dozen stores across the United States and Canada alongside its ecommerce business.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| CB2 | Crate and Barrel Holdings | Brand division |
CB2 launched in 2000 as an offshoot of Crate & Barrel, 38 years after the original brand opened its first store in Chicago's Old Town. The concept targeted a younger, more urban customer than the flagship: apartment dwellers and first-time homeowners who wanted contemporary design at prices below the design-showroom tier.
The first physical CB2 store opened in 2002 in the Lincoln Park neighborhood of Chicago. The store format emphasized loft-like spaces, rotating installations, and collaborations with working designers, a template that differentiated it from the parent's more classic American style. Through the 2000s and 2010s the chain expanded slowly, concentrating on dense urban markets in the US and later Canada, while building a substantial catalog and ecommerce operation.
Under Crate and Barrel Holdings, CB2 became known for designer collaborations and limited collections with figures from fashion, music, and interiors. The brand has run partnerships with names such as Goop, Lenny Kravitz's Kravitz Design, Lawson-Fenning, and Ross Cassidy, using capsule collections to keep the assortment fresh and generate press coverage. Its 'After Hours' music-focused event series and design service program CB2 Interiors extended the brand beyond straight furniture retail.
International expansion came mainly through franchise arrangements under the Otto Group umbrella rather than direct ownership. CB2 products reach customers in markets including the Middle East through licensed partners, while the core owned business remains North American. As of 2026 the brand operates roughly two dozen stores across the US and Canada and has grown into a meaningful contributor to Crate and Barrel Holdings' estimated revenue.
Who owns Crate and Barrel?
Crate and Barrel Holdings is wholly owned by the Otto Group, a family-controlled retail and services conglomerate headquartered in Hamburg, Germany. Otto Group took a majority stake in 1998 and acquired the remaining shares in 2011.
Is Crate and Barrel a public company?
No. The company is privately held by Otto Group and publishes no standalone financial statements. It has not been publicly traded under Otto ownership.
When was Crate and Barrel founded?
The first Crate & Barrel store opened in December 1962 in Chicago's Old Town. Founders Gordon and Carole Segal named it for the crates and barrels used to display their imported housewares.
What brands does Crate and Barrel own?
The group operates four retail brands: Crate & Barrel, CB2, Crate&kids, and Hudson Grace. The Land of Nod children's business, acquired in 2001, was rebranded as Crate&kids in 2018.
Where is Crate and Barrel headquartered?
Corporate headquarters is in Northbrook, Illinois, a suburb north of Chicago. The company operates more than 100 stores in the US and Canada plus franchise locations in nine countries.
Crate and Barrel Holdings, CB2's parent, reports sustainability commitments at the group level, including goals around responsible wood sourcing and reduced packaging waste. The group participates in vendor compliance programs covering factory labor standards across its sourcing countries.
No independent third-party certification specific to the CB2 brand was verifiable as of November 2026. The brand is not certified as a B Corporation, and no Leaping Bunny or equivalent body applies to its product category. Consumers evaluating sustainability claims should treat group-level self-reporting as first-party information rather than independent certification.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Williams Sonoma | USA | 2002 | Premium | United states | All Genders | |
| Wayfair | USA | 2007 | Mass market | United states | All Genders | |
| Qvc Group | USA | 1982 | Mass market | United states | All Genders | |
| Meredith Corporation | USA (Dotdash Meredith) | 1922 | Mass market | United states | All-ages | |
| Variety Wholesalers | USA (original founding) | 1967 | Mass market | United states | All-ages | |
| Wayfair | USA | 2014 | Premium | United states | All Genders |
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Retail EcommerceOwned by Wayfair Inc.
Contemporary furniture and decor brand owned by Wayfair Inc., targeting modern design shoppers at accessible price points.
Furniture AppliancesOwned by QVC Group, Inc.
The home furnishings catalog and e-commerce brand of QVC Group's Cornerstone Brands portfolio.
Household Consumer GoodsOwned by Dotdash Meredith (IAC)
Licensed home goods brand available exclusively at Walmart, offering stylish furniture, decor, kitchenware, and garden products inspired by the iconic lifestyle magazine.
Retail EcommerceOwned by Variety Wholesalers, Inc.
American discount retail chain offering furniture, home décor, seasonal items, and general merchandise.
Retail EcommerceOwned by Wayfair Inc.
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Market Positioning: CB2 competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Furniture AppliancesOwned by Dyson Holdings Pte. Ltd.
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Workplace furniture brand of family-owned Haworth Inc., the Holland, Michigan manufacturer reporting record $2.7 billion in 2025 sales.
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Furniture AppliancesOwned by Parachute Home, Inc.
Los Angeles direct-to-consumer home goods brand founded in 2014, now focused on e-commerce and wholesale after closing most of its stores.
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Furniture AppliancesOwned by Williams-Sonoma Inc.
American home furnishings and decor brand owned by Williams-Sonoma Inc., offering furniture, decor, and home accessories.
Pottery Barn is owned by Williams-Sonoma Inc., a public company, a different structure than CB2's parent.
Furniture AppliancesOwned by Saatva Inc.
American direct-to-consumer luxury mattress brand known for handcrafted innerspring and hybrid mattresses with white-glove delivery.
Saatva operates independently without a large parent corporation.
Furniture AppliancesOwned by Thor Kitchen, Inc.
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