Tempur Sealy Beats Analysts’ Expectations in 4th Quarter

Mattress major Tempur Sealy International Inc. reported net income for full-year 2016 was $202.1 million, a 175% increase compared with 2015. Using generally accepted accounting principles, total net sales decreased slightly, by 0.8%, to $3.1 billion. On a constant currency basis, total net sales increased 0.7%, with growth in both the North American and international […]

ISPA Welcomes New Trustee Carol Eicher to Board

ISPA Welcomes New Trustee Carol Eicher to Board

The International Sleep Products Association has named Carol Eicher, president and chief executive officer of Innocor Inc., to its board. “I am honored to join the leaders of our industry on the ISPA Board of Trustees and very much look forward to working with them to promote positive advancements in the bedding industry,” Eicher says. […]

Mattress Firm And Serta Simmons Bedding Expand Strategic Partnership

Mattress Firm And Serta Simmons Bedding Expand Strategic Partnership

News release written by Mattress Firm Inc. and published, unedited, by BedTimes – Aligns Number One U.S. Mattress Retailer with Number One U.S. Mattress Manufacturer – Mattress Firm and Serta Simmons to Co-invest $100 million in Incremental Advertising – Serta Simmons Has Capacity to Immediately Fulfill Mattress Firm’s Requirements – New Products Will Offer Consumers […]

Industry Veteran Ray Malkiewicz Dies

Industry Veteran Ray Malkiewicz Dies

Mattress manufacturing veteran Ray Malkiewicz died Feb 19, at his home in Escondido, California, surrounded by his family. He was 84 and had suffered several complications following a stroke. Retired since 2009, Malkiewicz spent more than a half century in the sleep products industry. He began his career with Simmons Bedding Co. as a sales […]

Manufacturer, Former ISPA Chair Donald Simon Dies

Mattress industry veteran Donald S. Simon died Dec. 12 in Rancho Mirage, California. He was 94. Simon spent his entire career in bedding at the company founded by his grandfather, the former Serta licensee Simon Mattress, based in San Francisco. Simon helped to expand the company from one to three manufacturing plants—two in the Pacific […]

ISPA Welcomes Eicher to Board

ISPA Welcomes Eicher to Board

News release from the International Sleep Products Association Innocor’s Carol Eicher brings decades of manufacturing knowledge and leadership to mattress industry group (Alexandria, VA, Jan. 31, 2017) – The International Sleep Products Association (ISPA) welcomes Carol Eicher, President and Chief Executive Officer at Innocor Inc., to the ISPA Board of Trustees. “I am honored to […]

Puerto Rican Manufacturer Pure Comfort Brings Silver Comfort to Florida

Puerto Rican Manufacturer Pure Comfort Brings Silver Comfort to Florida

Pure Comfort, a mattress manufacturer based in Trujillo Alto, Puerto Rico, has opened a distribution center, a retail showroom and offices in Winter Garden, Florida, to facilitate the distribution of its Silver Comfort products. Pure Comfort is a 20-year-old company that manufactures its products, including its adjustable beds, in Puerto Rico. There, it wholesales its […]

Bob Sherman’s Visionary Sleep Adds Restonic licensees Alliance Sleep and Sleep Products Inc.

Bob Sherman’s Visionary Sleep Adds Restonic licensees Alliance Sleep and Sleep Products Inc.

Buffalo, New York-based mattress licensing group Restonic has announced that a new entity, Visionary Sleep, led by industry veteran Bob Sherman, has purchased Restonic licensees Alliance Sleep and Sleep Products Inc. Visionary Sleep will continue with the Restonic group as its largest licensee. Its management group includes Sherman as chief executive officer; his wife, Barbara […]

5 Consumer Trends to Watch in 2017

5 Consumer Trends to Watch in 2017

Do you sometimes wish you had a crystal ball to figure out what the next consumer trends will be? We don’t have a crystal ball, but we do have the next best thing: five trends to watch for in 2017, thanks to TrendWatching.com. By examining new innovations, the organization has come up with a list […]

KKR & Co. LP to Become Hilding Anders Majority Shareholder

New York-based global investment firm KKR & Co. LP has signed an agreement with Arle Capital Partners to acquire the London-based private equity firm’s majority stake in bedding giant Hilding Anders. No financial terms were disclosed, and the transaction, which was announced Nov. 29, is subject to regulatory approvals. Malmö, Sweden-based Hilding Anders was founded […]

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