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Sun Capital has owned Dreams, based in Buckinghamshire, since 2013
Private equity firm Sun Capital is proposing a bond issue as a means of extracting some of the latent value in Dreams, the beds retail business it has owned since 2013.

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660 Mattress Firm stores are closing
Mattress Firm, the largest bedding retailer in the U.S and a key cog in the Steinhoff International Holdings network, has emerged from Chapter 11 having completed its reorganisation plan.

Mattress seller Simba Sleep says it is nearing the completion of another funding round that will take it to "the next level." It declined to comment on a Sky News report saying it had cut its valuation as part of the process.

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The NBF has released the findings of its latest consumer mattress/bed survey
Heavy advertising has helped vacuum-packed mattresses become the fastest growing beds sub-segment according to twice-yearly research from the National Bed Federation, but it is not only those spending the cash who are benefiting.

Eve Sleep will lower its investment in marketing and try and generate more repeat business, its new CEO said yesterday. The direct-to-consumer business also plans to raise £15 million in equity funding before the end of the year.

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The Sid mattress cover features a removable and washable quilted top
Yorkshire mattress start up Sid, an acronym of sleep intelligent design, is today (Nov. 16, 2018) opening its first store, with a pop-up shop at Victoria Leeds.

Year-on-year mattress imports advanced for the fourth straight month in September with a 9.9 percent increase driven by the two largest supply nations.

The CEO of Tempur Sealy International — the world's biggest bedding company — says he believes Chinese imports may be hitting bed-in-a-box companies harder than other mattress segments, harming their growth potential.

At least four bed makers — all registered to the same Birmingham address — have entered insolvency proceedings in the past six years.

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Casper is building a bigger business in Europe
Casper, the U.S headquartered bed-in-a-box company, provided more funds to expand its British and mainland European operations in 2017, new accounts suggest.

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Its Notting Hill showroom is based on its new Sleep Spa concept, which launched at Köping, Sweden this summer
Upscale Swedish bed maker Hästens opens its new Notting Hill showroom today (Nov. 6), the first of three new UK standalone stores opening by the end of the year.

Silentnight, the UK's largest bed manufacturer, is free of shareholder debt after paying down the last of its outstanding loans to an affiliate of HIG Capital, its longtime private equity owner.

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Profits were up by a quarter for the HIG Capital owned business
Wider margins helped boost profits at Silentnight in 2017–18 after Britain's biggest beds manufacturer adjusted its range to eliminate loss-making products. The move also impacted sales.

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EBIA president and CEO Endre Varga, pictured left alongside his successor Frederik Lauwaert, who takes over in January, was speaking at its General Assembly in Athens
Europe's biggest mattress producers will not stand by and watch if soon-to-be-imposed tariffs result in Chinese made products being diverted away from the U.S, according to the head of the leading pan-continental beds trade body.

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A fifth of mattresses are currently diverted from landfill. The NBF wants that to become 75%. Image: NBF
The National Bed Federation is calling for more recycling but improved transparency after research revealed foam and spring units from the equivalent of up to one in every twenty used mattresses make their way back into the UK bed supply chain.

Tempur Sealy International, the world's biggest bedding company, has warned profits will be lower than forecast because of cost headwinds and other factors including underperformance in Europe and bad debt.

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Breasley has capitalised on growing demand in the bed-in-a-box segment
Attracting new customers helped revenue continue to climb for East Midlands mattress maker and foam converter Breasley in the year to April 30, 2018. Rising foam costs hampered margins.

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Dreams' Oldbury, West Midlands beds factory
Earlier this year and without fanfare, national beds specialist Dreams did something that went against the grain in the boxed beds product segment. For its Hyde & Sleep brand, it pivoted away from the near-ubiquitous 100-night trial.

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Dreams' Buckinghamshire head office
Bed specialist Dreams is expanding. Another four or five stores will open this year, with perhaps ten to follow in 2019. We've been here before. But the circumstances at Dreams are very different now, says CEO Mike Logue.

The group behind the direct-to-consumer beds brand Adjustamatic built on its return to growth in 2016 with another bump in sales last year.

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Global conglomerate Low & Bonar wants a piece of the mattress components market
One of the world's largest textiles companies is pushing into the mattress manufacturing sector by offering bed makers a new product it says is a viable and green alternative to foam.

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Never-seen-before levels of marketing are being spent across the entire UK mattress sector, says Mike Logue
Marketing spend in the beds sector has reached unprecedented levels according to Dreams CEO Mike Logue, who says there is definitely room for more consumer brands in the mattress category.

Mattress maker Duflex Foam has become a member of the National Bed Federation (NBF) after passing the trade association's Code of Practice audit.

North West bedding giant Comfy Quilts recovered from the loss of its biggest customer to return to top line growth in the year to end January 2018.

The UK arm of European mattress and bedding brand Dormeo maintained top line momentum last year with another big bump in revenue.

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There are nearly 1,000 Matratzen Concord stores across Europe
Matratzen Concord, one of the continent's largest mattress and bedding retailers with stores across central Europe, is closing 176 units by the end of 2018.

Tempur Sealy International, the world's biggest bedding supplier, says it is working closely with Sears, a major stockist of its mattresses, as the troubled retailer plots a route out of bankruptcy.

Poland sent record levels of mattresses to Britain in August with full year imports from the country on target to increase by more than a quarter for the third straight year.

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Airsprung is based at Trowbridge, Wiltshire
Sales fell double-digit for Airsprung in 2017–18, a period the Trowbridge upholstery and beds group described as one of its most challenging for some years, with it also battling input cost pressures.

Bed maker Harrison Spinks is putting the infrastructure in place ahead of launching its maiden TV advertising campaign this winter, relaunching its website to encompass all its brands.

Specialist bedroom home delivery company Keen & Able is moving to new, larger headquarters after a ten-fold rise in business in the past two years.

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The Eve Sleep advert that caused offence to some
The Advertising Standards Authority (ASA) has dismissed consumer complaints over an Eve Sleep TV advert that featured a woman pretending to be pregnant, saying it was unlikely to cause widespread offence.

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Mattress Firm plans to close up to 700 stores
Steinhoff International Holdings will relinquish almost half the equity in its U.S. bedding unit Mattress Firm to lenders as part of a Chapter 11 restructuring that could see as many as 700 stores close.

Profits fell at West Yorkshire bed maker Highgrove in 2017 as higher sales were counteracted by rising costs that narrowed margins. Cash generation improved, while debt was paid down.

Ecommerce mattress retailer Otty Sleep is launching into the Dutch market, its second foray outside the UK having opened a dedicated German office and website earlier this year.

New UK market entrant Nectar Sleep says it sold three times as much as forecast in its first week of trading here as it looks to replicate rapid growth in its native U.S market.

Mattress Firm, the largest bedding retailer in the U.S, is considering filing for bankruptcy protection as soon as this week according to a report by Reuters, the news agency.

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Sales jumped for diversified foam giant Carpenter in 2017
Foam giant Carpenter posted lower profits on higher sales in 2017, mirroring the performance of one its largest UK rivals as rising raw material costs chipped away at earnings.

Duflex Foam, mattress maker and supplier to the likes of IKEA, Eve Sleep, Asda and Argos, posted higher profits as its top line expanded by more than a fifth for the second straight year.



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