The_One_(company)

The One (company)

The One (company)

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The One Total Home Experience, stylised as THE One, is a furniture retail company founded by Swedish entrepreneur and philanthropist Thomas Lundgren.

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History

The One store opened in Abu Dhabi, United Arab Emirates, in 1996. In an interview with Arabian Business magazine, Lundgren says he was inspired by a dream he had in 1993, in which an angel came to him with a mission to save the world from IKEA.[1]

In 2006, The One celebrated its 10th anniversary by being the sole sponsor of Robbie WilliamsDubai concert, while also decorating Robbie’s backstage rooms at the Nad Al Sheba venue.[2][3]

In April 2007, The One was named one of the GCC’s 50 Most Admired Companies by Arabian Business magazine.[4]

The One aims to operate 99 stores by 2020.[5]

In 2024, The One launched a new concept store in Dubai Hills Mall which allows shoppers to explore a home experience of The One’s home furniture collections.[6]

Concept

According to CEO, Thomas Lundgren, The One's creative concept is to be magical and meaningful and "mass market, but to be prestigious with affordable prices".[7] Lundgren claims to sell feelings rather than commodities and calls The One stores "theatres", where seasonal home fashion shows are staged.[8][9] Each "theatre" set up by a team of decorators. The larger stores are furniture-driven with accessories complementing it and the smaller stores, or "Boutique Theatres", are accessory-driven with furniture incorporated to enhance the accessories.[10]

Many stores include in-store restaurants.[11]


References

  1. "The Crazy One". ArabianBusiness.com. Retrieved 2018-05-30.
  2. "Business 24 Financial, Cryptocurrency and Investment News". www.business24-7.ae. Retrieved 2018-05-30.

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